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Binah Capital Group (Binah Capital Group) Liabilities-to-Assets : 0.95 (As of Mar. 2024)


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What is Binah Capital 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. Binah Capital Group's Total Liabilities for the quarter that ended in Mar. 2024 was $62.41 Mil. Binah Capital Group's Total Assets for the quarter that ended in Mar. 2024 was $65.84 Mil. Therefore, Binah Capital Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.95.


Binah Capital Group Liabilities-to-Assets Historical Data

The historical data trend for Binah Capital 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.

* Premium members only.

Binah Capital Group Liabilities-to-Assets Chart

Binah Capital Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.92 0.92 0.93 0.92

Binah Capital Group Semi-Annual Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.91 0.91 0.92 0.95

Competitive Comparison of Binah Capital Group's Liabilities-to-Assets

For the Asset Management subindustry, Binah Capital 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.


Binah Capital Group's Liabilities-to-Assets Distribution in the Asset Management Industry

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

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



Binah Capital 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.

Binah Capital Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=62.306/67.41
=0.92

Binah Capital Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=62.414/65.835
=0.95

* 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.


Binah Capital Group  (NAS:BCGWW) 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.


Binah Capital Group Liabilities-to-Assets Related Terms

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Binah Capital Group (Binah Capital Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
One Cowboys Way, Suite 490, Frisco, TX, USA, 75034
Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines