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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Liabilities-to-Assets : 0.67 (As of Dec. 2023)


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What is Chemtrade Logisticsome Fund 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. Chemtrade Logisticsome Fund's Total Liabilities for the quarter that ended in Dec. 2023 was $1,045 Mil. Chemtrade Logisticsome Fund's Total Assets for the quarter that ended in Dec. 2023 was $1,572 Mil. Therefore, Chemtrade Logisticsome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.67.


Chemtrade Logisticsome Fund Liabilities-to-Assets Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Liabilities-to-Assets Chart

Chemtrade Logisticsome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.76 0.82 0.74 0.67

Chemtrade Logisticsome Fund Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 0.74 0.72 0.69 0.66 0.67

Competitive Comparison of Chemtrade Logisticsome Fund's Liabilities-to-Assets

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.


Chemtrade Logisticsome Fund's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Chemtrade Logisticsome Fund's Liabilities-to-Assets falls into.



Chemtrade Logisticsome Fund 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.

Chemtrade Logisticsome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1045.089/1572.177
=0.66

Chemtrade Logisticsome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1045.089/1572.177
=0.66

* 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.


Chemtrade Logisticsome Fund  (OTCPK:CGIFF) 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.


Chemtrade Logisticsome Fund Liabilities-to-Assets Related Terms

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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Traded in Other Exchanges
Address
155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.