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Atlas African Industries (LSE:AAI) Liabilities-to-Assets : 0.11 (As of Jun. 2016)


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What is Atlas African Industries 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. Atlas African Industries's Total Liabilities for the quarter that ended in Jun. 2016 was £0.57 Mil. Atlas African Industries's Total Assets for the quarter that ended in Jun. 2016 was £5.12 Mil. Therefore, Atlas African Industries's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2016 was 0.11.


Atlas African Industries Liabilities-to-Assets Historical Data

The historical data trend for Atlas African Industries'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.

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Atlas African Industries Liabilities-to-Assets Chart

Atlas African Industries Annual Data
Trend Dec11 Dec12 Jun13 Jun14
Liabilities-to-Assets
0.68 0.84 0.05 0.02

Atlas African Industries Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun16
Liabilities-to-Assets Get a 7-Day Free Trial 0.84 0.03 0.02 0.10 0.11

Competitive Comparison of Atlas African Industries's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Atlas African Industries'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.


Atlas African Industries's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Atlas African Industries's Liabilities-to-Assets falls into.



Atlas African Industries 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.

Atlas African Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Liabilities-to-Assets (A: Jun. 2014 )=Total Liabilities/Total Assets
=0.223/11.405
=0.02

Atlas African Industries's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2016 is calculated as

Liabilities-to-Assets (Q: Jun. 2016 )=Total Liabilities/Total Assets
=0.574/5.121
=0.11

* 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.


Atlas African Industries  (LSE:AAI) 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.


Atlas African Industries Liabilities-to-Assets Related Terms

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Atlas African Industries (LSE:AAI) Business Description

Traded in Other Exchanges
N/A
Address
Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

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