GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahamit Machinery PCL (BKK:SMIT) » Definitions » Liabilities-to-Assets

Sahamit Machinery PCL (BKK:SMIT) Liabilities-to-Assets : 0.09 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Sahamit Machinery PCL 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. Sahamit Machinery PCL's Total Liabilities for the quarter that ended in Mar. 2024 was ฿253 Mil. Sahamit Machinery PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿2,824 Mil. Therefore, Sahamit Machinery PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.09.


Sahamit Machinery PCL Liabilities-to-Assets Historical Data

The historical data trend for Sahamit Machinery PCL'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.

Sahamit Machinery PCL Liabilities-to-Assets Chart

Sahamit Machinery PCL 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 0.09 0.11 0.13 0.11 0.10

Sahamit Machinery PCL 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 0.10 0.10 0.10 0.10 0.09

Competitive Comparison of Sahamit Machinery PCL's Liabilities-to-Assets

For the Steel subindustry, Sahamit Machinery PCL'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.


Sahamit Machinery PCL's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sahamit Machinery PCL's Liabilities-to-Assets falls into.



Sahamit Machinery PCL 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.

Sahamit Machinery PCL'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
=274.117/2805.731
=0.10

Sahamit Machinery PCL'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
=253.413/2824.159
=0.09

* 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.


Sahamit Machinery PCL  (BKK:SMIT) 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.


Sahamit Machinery PCL Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Sahamit Machinery PCL's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Sahamit Machinery PCL (BKK:SMIT) Business Description

Traded in Other Exchanges
N/A
Address
42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120
Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.

Sahamit Machinery PCL (BKK:SMIT) Headlines

From GuruFocus