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ION Geophysical (ION Geophysical) Liabilities-to-Assets : 1.34 (As of Sep. 2021)


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What is ION Geophysical 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. ION Geophysical's Total Liabilities for the quarter that ended in Sep. 2021 was $256.1 Mil. ION Geophysical's Total Assets for the quarter that ended in Sep. 2021 was $190.9 Mil. Therefore, ION Geophysical's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 1.34.


ION Geophysical Liabilities-to-Assets Historical Data

The historical data trend for ION Geophysical'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.

ION Geophysical Liabilities-to-Assets Chart

ION Geophysical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.90 0.97 1.15 1.37

ION Geophysical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1.27 1.37 1.36 1.36 1.34

Competitive Comparison of ION Geophysical's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, ION Geophysical'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.


ION Geophysical's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ION Geophysical's Liabilities-to-Assets distribution charts can be found below:

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



ION Geophysical 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.

ION Geophysical's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=264.683/193.593
=1.37

ION Geophysical's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )=Total Liabilities/Total Assets
=256.073/190.908
=1.34

* 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.


ION Geophysical  (OTCPK:IOGPQ) 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.


ION Geophysical Liabilities-to-Assets Related Terms

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ION Geophysical (ION Geophysical) Business Description

Traded in Other Exchanges
N/A
Address
2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.
Executives
Gates Capital Management, Inc. 10 percent owner 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Mark J Doran director 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Gary L Pittman director 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Jeffrey L Gates 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management, L.p. 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Gates Capital Management Gp, Llc 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Sheila M Rodermund officer: EVP, Operations Optimization 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Shaohua Zhang director 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77042
Lapeyre James M Jr director C/O LAITRAM CORP 220 LAITRAM LANE HARAHAN LA 70123
Christopher Theron Usher officer: EVP & COO, GeoScience 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Michael L Morrison officer: Controller 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Dale J Lambert officer: EVP, Operations Optimization 4203 YOAKUM BLVD SUITE 100 HOUSTON TX 77006
Michael Y Mcgovern director 700 LOUISIANA, STE 4300, HOUSTON TX 77002
Tina L Val director 2826 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
R Brian Hanson officer: Exec. VP & CFO ION GEOPHYSICAL CORPORATION 2105 CITYWEST, BLDG 3, SUITE 100 HOUSTON TX 77042-2855

ION Geophysical (ION Geophysical) Headlines

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