GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lorenzini Apparels Ltd (BOM:540952) » Definitions » Liabilities-to-Assets

Lorenzini Apparels (BOM:540952) Liabilities-to-Assets : 0.62 (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Lorenzini Apparels 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. Lorenzini Apparels's Total Liabilities for the quarter that ended in Sep. 2023 was ₹296.6 Mil. Lorenzini Apparels's Total Assets for the quarter that ended in Sep. 2023 was ₹476.8 Mil. Therefore, Lorenzini Apparels's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.62.


Lorenzini Apparels Liabilities-to-Assets Historical Data

The historical data trend for Lorenzini Apparels'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.

Lorenzini Apparels Liabilities-to-Assets Chart

Lorenzini Apparels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.56 0.59 0.64 0.63

Lorenzini Apparels Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.65 0.64 0.58 0.63 0.62

Competitive Comparison of Lorenzini Apparels's Liabilities-to-Assets

For the Apparel Manufacturing subindustry, Lorenzini Apparels'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.


Lorenzini Apparels's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lorenzini Apparels's Liabilities-to-Assets distribution charts can be found below:

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



Lorenzini Apparels 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.

Lorenzini Apparels's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=261.213/415.273
=0.63

Lorenzini Apparels's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=296.623/476.828
=0.62

* 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.


Lorenzini Apparels  (BOM:540952) 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.


Lorenzini Apparels Liabilities-to-Assets Related Terms

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


Lorenzini Apparels (BOM:540952) Business Description

Traded in Other Exchanges
Address
C-64, Okhla Industrial Area Phase - I, New Delhi, Delhi, IND, 110020
Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing, and marketing ready-made garments in India. The company offers formal, semi-formal, and casual wear for men and women casual wear under the brand names Monteil and Munero Monteil, and Calgari. Its products include jeans, shirts, jackets, t-shirts, trousers, sweatshirts, sweaters, blazers, waistcoats, shorts, and capris. In addition, the company also outsources the garments manufacturing on a work basis from third-party contractors.

Lorenzini Apparels (BOM:540952) Headlines

No Headlines