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TX Rail Products (TX Rail Products) Liabilities-to-Assets : 1.88 (As of Sep. 2020)


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What is TX Rail Products 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. TX Rail Products's Total Liabilities for the quarter that ended in Sep. 2020 was $4.16 Mil. TX Rail Products's Total Assets for the quarter that ended in Sep. 2020 was $2.21 Mil. Therefore, TX Rail Products's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 was 1.88.


TX Rail Products Liabilities-to-Assets Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Liabilities-to-Assets Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.86 1.93 1.91 1.88

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 1.90 1.82 1.83 1.91 1.88

Competitive Comparison of TX Rail Products's Liabilities-to-Assets

For the Industrial Distribution subindustry, TX Rail Products'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.


TX Rail Products's Liabilities-to-Assets Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TX Rail Products's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where TX Rail Products's Liabilities-to-Assets falls into.



TX Rail Products 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.

TX Rail Products's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2020 is calculated as:

Liabilities-to-Assets (A: Sep. 2020 )=Total Liabilities/Total Assets
=4.156/2.207
=1.88

TX Rail Products's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 is calculated as

Liabilities-to-Assets (Q: Sep. 2020 )=Total Liabilities/Total Assets
=4.156/2.207
=1.88

* 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.


TX Rail Products  (OTCPK:TXRP) 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.


TX Rail Products Liabilities-to-Assets Related Terms

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TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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