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Well Graded Engineering PCL (BKK:WGE) Liabilities-to-Assets : 0.80 (As of Mar. 2024)


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What is Well Graded Engineering 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. Well Graded Engineering PCL's Total Liabilities for the quarter that ended in Mar. 2024 was ฿1,268 Mil. Well Graded Engineering PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,590 Mil. Therefore, Well Graded Engineering PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.80.


Well Graded Engineering PCL Liabilities-to-Assets Historical Data

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Liabilities-to-Assets Chart

Well Graded Engineering PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.57 0.36 0.58 0.66 0.81

Well Graded Engineering PCL Quarterly Data
Jun19 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 0.73 0.75 0.75 0.81 0.80

Competitive Comparison of Well Graded Engineering PCL's Liabilities-to-Assets

For the Engineering & Construction subindustry, Well Graded Engineering 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.


Well Graded Engineering PCL's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Liabilities-to-Assets falls into.



Well Graded Engineering 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.

Well Graded Engineering 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
=1276.442/1574.017
=0.81

Well Graded Engineering 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
=1267.648/1590.033
=0.80

* 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.


Well Graded Engineering PCL  (BKK:WGE) 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.


Well Graded Engineering PCL Liabilities-to-Assets Related Terms

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Well Graded Engineering PCL (BKK:WGE) Business Description

Traded in Other Exchanges
N/A
Address
50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120
Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

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