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Singer Sri Lanka (COL:SINS.N0000) Liabilities-to-Assets : 0.87 (As of Mar. 2024)


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What is Singer Sri Lanka 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. Singer Sri Lanka's Total Liabilities for the quarter that ended in Mar. 2024 was රු81,399 Mil. Singer Sri Lanka's Total Assets for the quarter that ended in Mar. 2024 was රු93,842 Mil. Therefore, Singer Sri Lanka's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.87.


Singer Sri Lanka Liabilities-to-Assets Historical Data

The historical data trend for Singer Sri Lanka'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.

Singer Sri Lanka Liabilities-to-Assets Chart

Singer Sri Lanka Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.85 0.85 0.85 0.87

Singer Sri Lanka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only 0.85 0.86 0.87 0.87 0.87

Competitive Comparison of Singer Sri Lanka's Liabilities-to-Assets

For the Specialty Retail subindustry, Singer Sri Lanka'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.


Singer Sri Lanka's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Singer Sri Lanka's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Singer Sri Lanka's Liabilities-to-Assets falls into.



Singer Sri Lanka 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.

Singer Sri Lanka's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=81398.684/93842.429
=0.87

Singer Sri Lanka'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
=81398.684/93842.429
=0.87

* 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.


Singer Sri Lanka  (COL:SINS.N0000) 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.


Singer Sri Lanka Liabilities-to-Assets Related Terms

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Singer Sri Lanka (COL:SINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Havelock Road, Colombo, LKA, 05
Singer Sri Lanka PLC is a Sri Lanka based appliance retailer. It is engaged in marketing of household electrical products. It operates in seven segments including Consumer Electronics that offers televisions, audios and other electronic products. Financial Services segment offers leasing, hire purchase and loans. Furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattress. Home Appliances offer refrigerators, washing machines, deep freezers. Digital Products include laptops and smartphones. Sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

Singer Sri Lanka (COL:SINS.N0000) Headlines

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