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Athena IT-Group AS (OCSE:ATHENA) Liabilities-to-Assets : 0.34 (As of Sep. 2015)


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What is Athena IT-Group AS 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. Athena IT-Group AS's Total Liabilities for the quarter that ended in Sep. 2015 was kr27.50 Mil. Athena IT-Group AS's Total Assets for the quarter that ended in Sep. 2015 was kr81.27 Mil. Therefore, Athena IT-Group AS's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2015 was 0.34.


Athena IT-Group AS Liabilities-to-Assets Historical Data

The historical data trend for Athena IT-Group AS'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.

Athena IT-Group AS Liabilities-to-Assets Chart

Athena IT-Group AS Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Liabilities-to-Assets
Get a 7-Day Free Trial 0.46 0.41 0.34 0.42 0.33

Athena IT-Group AS Quarterly Data
Jun09 Jun10 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.43 0.41 0.38 0.33 0.34

Competitive Comparison of Athena IT-Group AS's Liabilities-to-Assets

For the Information Technology Services subindustry, Athena IT-Group AS'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.


Athena IT-Group AS's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Athena IT-Group AS's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Athena IT-Group AS's Liabilities-to-Assets falls into.



Athena IT-Group AS 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.

Athena IT-Group AS's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2015 is calculated as:

Liabilities-to-Assets (A: Jun. 2015 )=Total Liabilities/Total Assets
=26.56/79.45
=0.33

Athena IT-Group AS's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2015 is calculated as

Liabilities-to-Assets (Q: Sep. 2015 )=Total Liabilities/Total Assets
=27.498/81.267
=0.34

* 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.


Athena IT-Group AS  (OCSE:ATHENA) 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.


Athena IT-Group AS Liabilities-to-Assets Related Terms

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Athena IT-Group AS (OCSE:ATHENA) Business Description

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Athena IT-Group AS provides professional IT solutions for the Danish business community. It consists of two divisions: Infrastructure & Outsourcing; and E-Solutions.

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