GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hochtief AG (CHIX:HOTd) » Definitions » Liabilities-to-Assets

Hochtief AG (CHIX:HOTD) Liabilities-to-Assets : 0.97 (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Hochtief AG 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. Hochtief AG's Total Liabilities for the quarter that ended in Sep. 2024 was €23,199 Mil. Hochtief AG's Total Assets for the quarter that ended in Sep. 2024 was €24,052 Mil. Therefore, Hochtief AG's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.97.


Hochtief AG Liabilities-to-Assets Historical Data

The historical data trend for Hochtief AG'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.

Hochtief AG Liabilities-to-Assets Chart

Hochtief AG 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 0.92 0.94 0.93 0.93 0.93

Hochtief AG 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 0.92 0.93 0.92 0.96 0.97

Competitive Comparison of Hochtief AG's Liabilities-to-Assets

For the Engineering & Construction subindustry, Hochtief AG'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.


Hochtief AG's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hochtief AG's Liabilities-to-Assets distribution charts can be found below:

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



Hochtief AG 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.

Hochtief AG'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
=17739.918/19006.183
=0.93

Hochtief AG'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
=23199.126/24052.267
=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.


Hochtief AG  (CHIX:HOTd) 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.


Hochtief AG Liabilities-to-Assets Related Terms

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


Hochtief AG Business Description

Traded in Other Exchanges
Address
Alfredstrasse 236, Essen, NW, DEU, 45133
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where the company's assets are located.

Hochtief AG Headlines

No Headlines