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Teka-Tecelagem Kuehnrich (BSP:TEKA4) Liabilities-to-Assets : 2.80 (As of Sep. 2024)


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What is Teka-Tecelagem Kuehnrich 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. Teka-Tecelagem Kuehnrich's Total Liabilities for the quarter that ended in Sep. 2024 was R$3,430.0 Mil. Teka-Tecelagem Kuehnrich's Total Assets for the quarter that ended in Sep. 2024 was R$1,227.1 Mil. Therefore, Teka-Tecelagem Kuehnrich's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 2.80.


Teka-Tecelagem Kuehnrich Liabilities-to-Assets Historical Data

The historical data trend for Teka-Tecelagem Kuehnrich'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.

Teka-Tecelagem Kuehnrich Liabilities-to-Assets Chart

Teka-Tecelagem Kuehnrich 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 2.60 2.67 2.66 2.74 2.76

Teka-Tecelagem Kuehnrich 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 2.78 2.76 2.77 2.76 2.80

Competitive Comparison of Teka-Tecelagem Kuehnrich's Liabilities-to-Assets

For the Textile Manufacturing subindustry, Teka-Tecelagem Kuehnrich'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.


Teka-Tecelagem Kuehnrich's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Teka-Tecelagem Kuehnrich 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.

Teka-Tecelagem Kuehnrich'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
=3246.141/1176.189
=2.76

Teka-Tecelagem Kuehnrich'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
=3429.965/1227.087
=2.80

* 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.


Teka-Tecelagem Kuehnrich  (BSP:TEKA4) 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.


Teka-Tecelagem Kuehnrich Liabilities-to-Assets Related Terms

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Teka-Tecelagem Kuehnrich Business Description

Traded in Other Exchanges
N/A
Address
R Paulo Kuehnrich 68, Bairro Itoupava Norte, Blumenau, SC, BRA, 89052900
Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.

Teka-Tecelagem Kuehnrich Headlines

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