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Sanasa Development Bank (COL:SDB.N0000) Liabilities-to-Assets : 0.91 (As of Dec. 2023)


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What is Sanasa Development Bank 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. Sanasa Development Bank's Total Liabilities for the quarter that ended in Dec. 2023 was රු142,692 Mil. Sanasa Development Bank's Total Assets for the quarter that ended in Dec. 2023 was රු156,957 Mil. Therefore, Sanasa Development Bank's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.91.


Sanasa Development Bank Liabilities-to-Assets Historical Data

The historical data trend for Sanasa Development Bank'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.

Sanasa Development Bank Liabilities-to-Assets Chart

Sanasa Development Bank 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 0.93 0.92 0.90 0.91 0.91

Sanasa Development Bank 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 0.91 0.92 0.91 0.91 0.91

Competitive Comparison of Sanasa Development Bank's Liabilities-to-Assets

For the Banks - Regional subindustry, Sanasa Development Bank'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.


Sanasa Development Bank's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sanasa Development Bank's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sanasa Development Bank's Liabilities-to-Assets falls into.



Sanasa Development Bank 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.

Sanasa Development Bank'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
=142691.544/156957.4
=0.91

Sanasa Development Bank'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
=142691.544/156957.4
=0.91

* 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.


Sanasa Development Bank  (COL:SDB.N0000) 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.


Sanasa Development Bank Liabilities-to-Assets Related Terms

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Sanasa Development Bank (COL:SDB.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Edmonton Road, Kirulapone, Colombo, LKA, 06
Sanasa Development Bank PLC provides banking services. Its main activities include accepting deposits, special deposits, credit pawning, leasing and refinance loan schemes. The company operates in the business segments of Banking, Leasing, Treasury, and Pawning. The banking segment includes banking activities relating to individual customers' deposits and consumer financing, equipment financing, and home and property financing.

Sanasa Development Bank (COL:SDB.N0000) Headlines

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