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FleetPartners Group (ASX:FPR) Liabilities-to-Assets : 0.74 (As of Mar. 2024)


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What is FleetPartners Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. FleetPartners Group's Total Liabilities for the quarter that ended in Mar. 2024 was A$1,737.3 Mil. FleetPartners Group's Total Assets for the quarter that ended in Mar. 2024 was A$2,362.1 Mil. Therefore, FleetPartners Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.74.


FleetPartners Group Liabilities-to-Assets Historical Data

The historical data trend for FleetPartners Group's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FleetPartners Group Liabilities-to-Assets Chart

FleetPartners Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.79 0.75 0.71 0.69 0.72

FleetPartners Group Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.69 0.70 0.72 0.74

Competitive Comparison of FleetPartners Group's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, FleetPartners Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FleetPartners Group's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FleetPartners Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where FleetPartners Group's Liabilities-to-Assets falls into.



FleetPartners Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

FleetPartners Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=1611.541/2247.225
=0.72

FleetPartners Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1737.337/2362.118
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FleetPartners Group  (ASX:FPR) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


FleetPartners Group Liabilities-to-Assets Related Terms

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FleetPartners Group (ASX:FPR) Business Description

Traded in Other Exchanges
N/A
Address
601 Pacific Highway, Level 6, St Leonards, Sydney, NSW, AUS, 2065
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.

FleetPartners Group (ASX:FPR) Headlines

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