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Alloggio Group (ASX:ALO) Liabilities-to-Assets : 0.83 (As of Dec. 2022)


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What is Alloggio 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. Alloggio Group's Total Liabilities for the quarter that ended in Dec. 2022 was A$104.43 Mil. Alloggio Group's Total Assets for the quarter that ended in Dec. 2022 was A$125.76 Mil. Therefore, Alloggio Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.83.


Alloggio Group Liabilities-to-Assets Historical Data

The historical data trend for Alloggio 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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Alloggio Group Liabilities-to-Assets Chart

Alloggio Group Annual Data
Trend Jun21 Jun22
Liabilities-to-Assets
0.69 0.77

Alloggio Group Semi-Annual Data
Dec21 Jun22 Dec22
Liabilities-to-Assets 0.74 0.77 0.83

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

For the Lodging subindustry, Alloggio 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.


Alloggio Group's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

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

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



Alloggio 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.

Alloggio Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Liabilities-to-Assets (A: Jun. 2022 )=Total Liabilities/Total Assets
=71.413/92.668
=0.77

Alloggio Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=104.427/125.76
=0.83

* 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.


Alloggio Group  (ASX:ALO) 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.


Alloggio Group Liabilities-to-Assets Related Terms

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Alloggio Group (ASX:ALO) Business Description

Traded in Other Exchanges
N/A
Address
840 Hunter Street, Newcastle, NSW, AUS, 2300
Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.

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