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HF Sinclair (BSP:H1FC34) Liabilities-to-Assets : 0.42 (As of Dec. 2023)


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What is HF Sinclair 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. HF Sinclair's Total Liabilities for the quarter that ended in Dec. 2023 was R$36,645 Mil. HF Sinclair's Total Assets for the quarter that ended in Dec. 2023 was R$86,806 Mil. Therefore, HF Sinclair's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.42.


HF Sinclair Liabilities-to-Assets Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair Liabilities-to-Assets Chart

HF Sinclair 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 0.47 0.50 0.51 0.45 0.42

HF Sinclair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.44 0.42 0.44 0.42

Competitive Comparison of HF Sinclair's Liabilities-to-Assets

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HF Sinclair's Liabilities-to-Assets distribution charts can be found below:

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



HF Sinclair 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.

HF Sinclair'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
=36645.442/86806.155
=0.42

HF Sinclair's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=36645.442/86806.155
=0.42

* 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.


HF Sinclair  (BSP:H1FC34) 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.


HF Sinclair Liabilities-to-Assets Related Terms

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HF Sinclair (BSP:H1FC34) Business Description

Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.

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