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Belle (BLCTY) Liabilities-to-Assets : 0.27 (As of Mar. 2024)


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What is Belle 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. Belle's Total Liabilities for the quarter that ended in Mar. 2024 was $284.54 Mil. Belle's Total Assets for the quarter that ended in Mar. 2024 was $1,045.66 Mil. Therefore, Belle's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.27.


Belle Liabilities-to-Assets Historical Data

The historical data trend for Belle'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.

Belle Liabilities-to-Assets Chart

Belle 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 0.29 0.39 0.35 0.31 0.29

Belle 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 0.30 0.29 0.27 0.29 0.27

Competitive Comparison of Belle's Liabilities-to-Assets

For the Real Estate - Development subindustry, Belle'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.


Belle's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Belle's Liabilities-to-Assets distribution charts can be found below:

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



Belle 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.

Belle'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
=283.566/969.498
=0.29

Belle'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
=284.539/1045.66
=0.27

* 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.


Belle  (OTCPK:BLCTY) 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.


Belle Liabilities-to-Assets Related Terms

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Belle (BLCTY) Business Description

Traded in Other Exchanges
Address
Palm Coast Avenue, 5th Floor, Tower A, Two E-com Center, Mall of Asia Complex, CBP-1A, Pasay, PHL, 1300
Belle Corporation is a high-end residential and leisure properties developer in the Philippines. The company's two operating segments are the real estate development and property management strategic unit, and the gaming and gaming-related activities business unit. Belle operates notable real estate assets such as City of Dreams Manila and the Tagaytay Highlands. In the gaming segment, its subsidiary, Premium Leisure Corp, generates revenue through activities such as leasing lottery and keno machines as well as operating casinos and resorts.

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