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Onyx Touristiki (ATH:ONYX) Liabilities-to-Assets : 0.57 (As of Dec. 2022)


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What is Onyx Touristiki 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. Onyx Touristiki's Total Liabilities for the quarter that ended in Dec. 2022 was €5.21 Mil. Onyx Touristiki's Total Assets for the quarter that ended in Dec. 2022 was €9.09 Mil. Therefore, Onyx Touristiki's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.57.


Onyx Touristiki Liabilities-to-Assets Historical Data

The historical data trend for Onyx Touristiki'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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Onyx Touristiki Liabilities-to-Assets Chart

Onyx Touristiki Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.58 0.57

Onyx Touristiki Semi-Annual Data
Dec21 Dec22
Liabilities-to-Assets 0.58 0.57

Competitive Comparison of Onyx Touristiki's Liabilities-to-Assets

For the Apparel Manufacturing subindustry, Onyx Touristiki'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.


Onyx Touristiki's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onyx Touristiki's Liabilities-to-Assets distribution charts can be found below:

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


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Onyx Touristiki 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.

Onyx Touristiki's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=5.206/9.089
=0.57

Onyx Touristiki'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
=5.206/9.089
=0.57

* 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.


Onyx Touristiki  (ATH:ONYX) 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.


Onyx Touristiki Liabilities-to-Assets Related Terms

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Onyx Touristiki Business Description

Traded in Other Exchanges
N/A
Address
Acheloou 9, Thessaloniki, GRC, 546 28
Onyx Touristiki SA, formerly MED SA engages in the manufacturing, wholesale, and retail trade of swimwear, underwear, bathing accessories, men's, women's, and children's clothing, footwear, bags, towels, sunglasses, and other similar products.