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Terragen Holdings (ASX:TGH) Liabilities-to-Assets : 0.18 (As of Dec. 2023)


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What is Terragen Holdings 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. Terragen Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was A$1.51 Mil. Terragen Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$8.35 Mil. Therefore, Terragen Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.18.


Terragen Holdings Liabilities-to-Assets Historical Data

The historical data trend for Terragen Holdings'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.

Terragen Holdings Liabilities-to-Assets Chart

Terragen Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.05 0.10 0.12 0.16 0.20

Terragen Holdings Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.15 0.16 0.22 0.20 0.18

Competitive Comparison of Terragen Holdings's Liabilities-to-Assets

For the Agricultural Inputs subindustry, Terragen Holdings'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.


Terragen Holdings's Liabilities-to-Assets Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Terragen Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Terragen Holdings 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.

Terragen Holdings'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
=1.271/6.347
=0.20

Terragen Holdings'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
=1.512/8.348
=0.18

* 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.


Terragen Holdings  (ASX:TGH) 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.


Terragen Holdings Liabilities-to-Assets Related Terms

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Terragen Holdings (ASX:TGH) Business Description

Traded in Other Exchanges
N/A
Address
39 Access Crescent, Unit 6, Coolum Beach, QLD, AUS, 4573
Terragen Holdings Ltd is an Australia based developer of agricultural bio solutions whose core technology platform addresses soil health and productivity, animal health and nutrition without relying on chemical-based fertilizers, pesticides and antibiotics. Its products include Mylo and Great Land Plus. Geographically, it operates within Australia and Newzealand.