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Chenavari Toroome Fund (LSE:TORO) Liabilities-to-Assets : 0.14 (As of Sep. 2023)


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What is Chenavari Toroome 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. Chenavari Toroome Fund's Total Liabilities for the quarter that ended in Sep. 2023 was €33.53 Mil. Chenavari Toroome Fund's Total Assets for the quarter that ended in Sep. 2023 was €232.48 Mil. Therefore, Chenavari Toroome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.14.


Chenavari Toroome Fund Liabilities-to-Assets Historical Data

The historical data trend for Chenavari Toroome 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.

Chenavari Toroome Fund Liabilities-to-Assets Chart

Chenavari Toroome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.16 0.08 0.14 0.11 0.14

Chenavari Toroome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.14 0.22 0.11 0.12 0.14

Competitive Comparison of Chenavari Toroome Fund's Liabilities-to-Assets

For the Asset Management subindustry, Chenavari Toroome 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.


Chenavari Toroome Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Chenavari Toroome Fund's Liabilities-to-Assets distribution charts can be found below:

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



Chenavari Toroome 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.

Chenavari Toroome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=33.534/232.482
=0.14

Chenavari Toroome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=33.534/232.482
=0.14

* 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.


Chenavari Toroome Fund  (LSE:TORO) 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.


Chenavari Toroome Fund Liabilities-to-Assets Related Terms

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Chenavari Toroome Fund (LSE:TORO) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, Les Banques, PO Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
Chenavari Toro Income Fund Ltd is a closed-end investment company incorporated in Guernsey. The investment objective is to deliver an absolute return from investing and trading in Asset-Backed Securities and other structured credit investments in liquid markets, and investing directly or indirectly in asset-backed transactions including, without limitation, through the origination of credit portfolios.

Chenavari Toroome Fund (LSE:TORO) Headlines

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