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BGC Group (BGC Group) Liabilities-to-Assets : 0.72 (As of Dec. 2023)


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What is BGC 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. BGC Group's Total Liabilities for the quarter that ended in Dec. 2023 was $2,278 Mil. BGC Group's Total Assets for the quarter that ended in Dec. 2023 was $3,176 Mil. Therefore, BGC Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.72.


BGC Group Liabilities-to-Assets Historical Data

The historical data trend for BGC 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.

BGC Group Liabilities-to-Assets Chart

BGC Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.80 0.80 0.76 0.72

BGC Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 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 0.82 0.80 0.78 0.72 0.79

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

For the Capital Markets subindustry, BGC 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.


BGC Group's Liabilities-to-Assets Distribution in the Capital Markets Industry

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

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



BGC 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.

BGC 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
=2277.781/3175.937
=0.72

BGC Group'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
=2277.781/3175.937
=0.72

* 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.


BGC Group  (NAS:BGC) 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.


BGC Group Liabilities-to-Assets Related Terms

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BGC Group (BGC Group) Business Description

Traded in Other Exchanges
Address
499 Park Avenue, New York, NY, USA, 10022
BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.
Executives
William Dean Addas director C/O DEUTSCHE BANK, 300 S. GRAND AVENUE, LOS ANGELES CA 90071-3109
Jason W. Hauf officer: Chief Financial Officer BGC PARTNERS, 499 PARK AVENUE, NEW YORK NY 10022
Arthur U Mbanefo director 280 PARK AVENUE 40 WEST, CO ORIX, NEW YORK NY 10017
Sean A Windeatt officer: Chief Operating Officer C/O BGC PARTNERS, INC., 499 PARK AVENNUE NY 10022
Stephen M Merkel officer: EVP and General Counsel C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Linda A Bell director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
David Richards director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Martin Laguerre director C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022
Steven Bisgay officer: Chief Financial Officer 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Cf Group Management Inc director, 10 percent owner 135 EAST 57TH ST, NEW YORK NY 10022
Cantor Fitzgerald, L. P. director, 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Sean Galvin officer: Chief Accounting Officer 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
William J Moran director 135 EAST 57TH ST, NEW YORK NY 10022
Howard W Lutnick director, 10 percent owner, officer: Chief Executive Officer
Steven R Mcmurray officer: Chief Financial Officer C/O BGC PARTNERS, INC., 499 PARK AVENUE, NEW YORK NY 10022