GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Porto Seguro SA (BSP:PSSA3) » Definitions » Liabilities-to-Assets

Porto Seguro (BSP:PSSA3) Liabilities-to-Assets : 0.71 (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Porto Seguro 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. Porto Seguro's Total Liabilities for the quarter that ended in Sep. 2024 was R$32,781 Mil. Porto Seguro's Total Assets for the quarter that ended in Sep. 2024 was R$46,284 Mil. Therefore, Porto Seguro's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.71.


Porto Seguro Liabilities-to-Assets Historical Data

The historical data trend for Porto Seguro'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.

Porto Seguro Liabilities-to-Assets Chart

Porto Seguro 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 0.75 0.76 0.78 0.74 0.72

Porto Seguro Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.78 0.72 0.72 0.71 0.71

Competitive Comparison of Porto Seguro's Liabilities-to-Assets

For the Insurance - Diversified subindustry, Porto Seguro'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.


Porto Seguro's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Porto Seguro's Liabilities-to-Assets distribution charts can be found below:

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



Porto Seguro 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.

Porto Seguro'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
=31741.801/44239.599
=0.72

Porto Seguro's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=32781.025/46284.288
=0.71

* 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.


Porto Seguro  (BSP:PSSA3) 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.


Porto Seguro Liabilities-to-Assets Related Terms

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


Porto Seguro Business Description

Traded in Other Exchanges
N/A
Address
Alameda Barao de Piracicaba, No. 740, 11th Floor, Block B, Rosa Garfinkel Building, Campos Eliseos, Sao Paulo, SP, BRA
Porto Seguro SA is one of Brazil's diversified insurance companies that cover vehicles and residential homes. The company provides a wide range of services including risk underwriting analysis, bike assistance, and surveillance. Porto Seguro has also implemented credit card and mobile products. The company aims to provide products that meet several market segments' needs through the following brands: Porto Seguro, Itau Auto e Residencia, and Azul Seguros. Porto Seguro's operating structure is split between brokers, service providers, automotive centers, and branches.

Porto Seguro Headlines

No Headlines