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Grand Harbour Marina (MAL:GHM) Liabilities-to-Assets : 0.86 (As of Jun. 2023)


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What is Grand Harbour Marina 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. Grand Harbour Marina's Total Liabilities for the quarter that ended in Jun. 2023 was €24.31 Mil. Grand Harbour Marina's Total Assets for the quarter that ended in Jun. 2023 was €28.20 Mil. Therefore, Grand Harbour Marina's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.86.


Grand Harbour Marina Liabilities-to-Assets Historical Data

The historical data trend for Grand Harbour Marina'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.

Grand Harbour Marina Liabilities-to-Assets Chart

Grand Harbour Marina Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.89 0.91 0.92 0.85

Grand Harbour Marina Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.91 0.92 0.86 0.85 0.86

Competitive Comparison of Grand Harbour Marina's Liabilities-to-Assets

For the Leisure subindustry, Grand Harbour Marina'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.


Grand Harbour Marina's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Grand Harbour Marina's Liabilities-to-Assets falls into.



Grand Harbour Marina 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.

Grand Harbour Marina's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=24.296/28.742
=0.85

Grand Harbour Marina's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=24.306/28.203
=0.86

* 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.


Grand Harbour Marina  (MAL:GHM) 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.


Grand Harbour Marina Liabilities-to-Assets Related Terms

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Grand Harbour Marina (MAL:GHM) Business Description

Traded in Other Exchanges
N/A
Address
Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are the acquisition, development, operation, and management of marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.