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PM Capital Global Opportunities Fund (ASX:PGF) Liabilities-to-Assets : 0.22 (As of Dec. 2023)


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What is PM Capital Global Opportunities Fund 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. PM Capital Global Opportunities Fund's Total Liabilities for the quarter that ended in Dec. 2023 was A$188.5 Mil. PM Capital Global Opportunities Fund's Total Assets for the quarter that ended in Dec. 2023 was A$876.9 Mil. Therefore, PM Capital Global Opportunities Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.22.


PM Capital Global Opportunities Fund Liabilities-to-Assets Historical Data

The historical data trend for PM Capital Global Opportunities Fund'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.

PM Capital Global Opportunities Fund Liabilities-to-Assets Chart

PM Capital Global Opportunities Fund Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.12 0.11 0.17 0.10 0.17

PM Capital Global Opportunities Fund Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 0.13 0.10 0.17 0.17 0.22

Competitive Comparison of PM Capital Global Opportunities Fund's Liabilities-to-Assets

For the Asset Management subindustry, PM Capital Global Opportunities Fund'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.


PM Capital Global Opportunities Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PM Capital Global Opportunities Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PM Capital Global Opportunities Fund's Liabilities-to-Assets falls into.



PM Capital Global Opportunities Fund 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.

PM Capital Global Opportunities Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=135.611/807.402
=0.17

PM Capital Global Opportunities Fund'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
=188.475/876.902
=0.21

* 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.


PM Capital Global Opportunities Fund  (ASX:PGF) 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.


PM Capital Global Opportunities Fund Liabilities-to-Assets Related Terms

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PM Capital Global Opportunities Fund (ASX:PGF) Business Description

Traded in Other Exchanges
N/A
Address
68 York Street, Level 11, Sydney, NSW, AUS, 2000
PM Capital Global Opportunities Fund Ltd is engaged in investing in a portfolio of listed securities across securities markets. Its investment objective is to increase the value of its portfolio by providing long-term capital growth. The fund seeks to invest in stocks of companies that are operating across diversified sectors. The company offers concentrated strategies for investors.