GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Laxmipati Engineering Works Ltd (BOM:537669) » Definitions » Liabilities-to-Assets

Laxmipati Engineering Works (BOM:537669) Liabilities-to-Assets : 0.96 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Laxmipati Engineering Works 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. Laxmipati Engineering Works's Total Liabilities for the quarter that ended in Mar. 2024 was ₹440.9 Mil. Laxmipati Engineering Works's Total Assets for the quarter that ended in Mar. 2024 was ₹461.7 Mil. Therefore, Laxmipati Engineering Works's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.96.


Laxmipati Engineering Works Liabilities-to-Assets Historical Data

The historical data trend for Laxmipati Engineering Works'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.

Laxmipati Engineering Works Liabilities-to-Assets Chart

Laxmipati Engineering Works Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.84 0.85 0.97 0.96

Laxmipati Engineering Works Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.85 0.94 0.97 0.97 0.96

Competitive Comparison of Laxmipati Engineering Works's Liabilities-to-Assets

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Liabilities-to-Assets distribution charts can be found below:

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



Laxmipati Engineering Works 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.

Laxmipati Engineering Works's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=440.927/461.66
=0.96

Laxmipati Engineering Works'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
=440.927/461.66
=0.96

* 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.


Laxmipati Engineering Works  (BOM:537669) 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.


Laxmipati Engineering Works Liabilities-to-Assets Related Terms

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


Laxmipati Engineering Works Business Description

Traded in Other Exchanges
N/A
Address
Central Park Society, Office Block 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the Business of Ship Building, Ship Repair, Fabrication, Heavy Engineering, Engineering Infrastructure and services and Precision Machining.

Laxmipati Engineering Works Headlines

No Headlines