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Altech Advanced Materials AG (XTER:AMA) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Altech Advanced Materials AG 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. Altech Advanced Materials AG's Total Liabilities for the quarter that ended in Dec. 2023 was €6.89 Mil. Altech Advanced Materials AG's Total Assets for the quarter that ended in Dec. 2023 was €11.93 Mil. Therefore, Altech Advanced Materials AG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Altech Advanced Materials AG Liabilities-to-Assets Historical Data

The historical data trend for Altech Advanced Materials AG'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.

Altech Advanced Materials AG Liabilities-to-Assets Chart

Altech Advanced Materials AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.84 0.61 0.63 0.58

Altech Advanced Materials AG Quarterly Data
Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.61 0.64 0.63 0.68 0.58

Competitive Comparison of Altech Advanced Materials AG's Liabilities-to-Assets

For the Asset Management subindustry, Altech Advanced Materials AG'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.


Altech Advanced Materials AG's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Altech Advanced Materials AG's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Altech Advanced Materials AG's Liabilities-to-Assets falls into.



Altech Advanced Materials AG 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.

Altech Advanced Materials AG's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=6.893/11.933
=0.58

Altech Advanced Materials AG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6.893/11.933
=0.58

* 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.


Altech Advanced Materials AG  (XTER:AMA) 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.


Altech Advanced Materials AG Liabilities-to-Assets Related Terms

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Altech Advanced Materials AG (XTER:AMA) Business Description

Traded in Other Exchanges
Address
Ziegelhauser Landstrasse 3, Heidelberg, BW, DEU, 69120
Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.

Altech Advanced Materials AG (XTER:AMA) Headlines

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