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Forge Group (ASX:FGE) Liabilities-to-Assets : 0.54 (As of Jun. 2013)


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What is Forge 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. Forge Group's Total Liabilities for the quarter that ended in Jun. 2013 was A$251 Mil. Forge Group's Total Assets for the quarter that ended in Jun. 2013 was A$464 Mil. Therefore, Forge Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 was 0.54.

Forge Group Liabilities-to-Assets Historical Data

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

Forge Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Liabilities-to-Assets
Get a 7-Day Free Trial 0.44 0.42 0.42 0.66 0.54

Forge Group Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Liabilities-to-Assets Get a 7-Day Free Trial 0.44 0.42 0.42 0.66 0.54

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

For the Engineering & Construction subindustry, Forge 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.

Forge Group's Liabilities-to-Assets Distribution in the Construction Industry

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

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


Forge 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.

Forge Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2013 is calculated as:

Liabilities-to-Assets (A: Jun. 2013 )=Total Liabilities/Total Assets
=250.784/464.21
=0.54

Forge Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 is calculated as

Liabilities-to-Assets (Q: Jun. 2013 )=Total Liabilities/Total Assets
=250.784/464.21
=0.54

* 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.

Forge Group  (ASX:FGE) 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.

Forge Group Liabilities-to-Assets Related Terms

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Forge Group (ASX:FGE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forge Group Ltd (ASX:FGE) » Definitions » Liabilities-to-Assets
Comparable Companies
TSE:1768 TPE:3018 HKSE:00153 HKSE:01447 XKLS:7078 TSE:5923 XKLS:0193 OHEL:CONSTI XKLS:5054 XKRX:042940 TSE:4642 XKLS:5169 STC:SII HKSE:01746 ASX:AJL TSE:1905 WAR:ERB HKSE:00498 WAR:DEK BKK:CNT
Traded in Other Exchanges
N/A
Address
Website
http://www.forgegroup.com.au
Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

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