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Stonepath Group (Stonepath Group) Liabilities-to-Assets : 0.84 (As of Sep. 2006)


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What is Stonepath Group 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. Stonepath Group's Total Liabilities for the quarter that ended in Sep. 2006 was $83.0 Mil. Stonepath Group's Total Assets for the quarter that ended in Sep. 2006 was $98.9 Mil. Therefore, Stonepath Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2006 was 0.84.


Stonepath Group Liabilities-to-Assets Historical Data

The historical data trend for Stonepath Group'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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Stonepath Group Liabilities-to-Assets Chart

Stonepath Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Liabilities-to-Assets
Get a 7-Day Free Trial 0.21 0.39 0.36 0.59 0.68

Stonepath Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.67 0.68 0.67 0.65 0.84

Competitive Comparison of Stonepath Group's Liabilities-to-Assets

For the Integrated Freight & Logistics subindustry, Stonepath Group'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.


Stonepath Group's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stonepath Group's Liabilities-to-Assets distribution charts can be found below:

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



Stonepath Group 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.

Stonepath Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Liabilities-to-Assets (A: Dec. 2005 )=Total Liabilities/Total Assets
=92.303/135.282
=0.68

Stonepath Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2006 is calculated as

Liabilities-to-Assets (Q: Sep. 2006 )=Total Liabilities/Total Assets
=82.978/98.918
=0.84

* 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.


Stonepath Group  (OTCPK:SGRZ) 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.


Stonepath Group Liabilities-to-Assets Related Terms

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Stonepath Group (Stonepath Group) Business Description

Traded in Other Exchanges
N/A
Address
2200 Alaskan Way, Suite 200, Seattle, WA, USA, 98121
Stonepath Group Inc is a non-asset based third-party logistics provider. The Company is engaged in shipping and transportation, managing all aspects of transit.
Executives
Dennis L Pelino director
Bohn H Crain officer: Chief Financial Officer 405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen M Cohen officer: General Counsel 1604 LOCUST STREET, THIRD FLOOR, PHILADELPHIA PA 19103

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