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CeoTronics AG (FRA:CEK) Liabilities-to-Assets : 0.55 (As of May. 2024)


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What is CeoTronics AG 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. CeoTronics AG's Total Liabilities for the quarter that ended in May. 2024 was €23.93 Mil. CeoTronics AG's Total Assets for the quarter that ended in May. 2024 was €43.82 Mil. Therefore, CeoTronics AG's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 was 0.55.


CeoTronics AG Liabilities-to-Assets Historical Data

The historical data trend for CeoTronics AG'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.

CeoTronics AG Liabilities-to-Assets Chart

CeoTronics AG Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.41 0.45 0.41 0.55

CeoTronics AG Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 0.45 0.46 0.41 0.52 0.55

Competitive Comparison of CeoTronics AG's Liabilities-to-Assets

For the Communication Equipment subindustry, CeoTronics AG'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.


CeoTronics AG's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CeoTronics AG's Liabilities-to-Assets distribution charts can be found below:

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



CeoTronics AG 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.

CeoTronics AG's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2024 is calculated as:

Liabilities-to-Assets (A: May. 2024 )=Total Liabilities/Total Assets
=23.925/43.82
=0.55

CeoTronics AG's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 is calculated as

Liabilities-to-Assets (Q: May. 2024 )=Total Liabilities/Total Assets
=23.925/43.82
=0.55

* 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.


CeoTronics AG  (FRA:CEK) 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.


CeoTronics AG Liabilities-to-Assets Related Terms

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CeoTronics AG Business Description

Traded in Other Exchanges
Address
Ceotronics AG, Adam-opel-strac E 6, Rodermark, DEU, 63322
CeoTronics AG is a provider of short-range mobile digital wireless radio networks and communication headsets and systems for professional use.

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