GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Liabilities-to-Assets

Union Coop (DFM:UNIONCOOP) Liabilities-to-Assets : 0.26 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Union Coop 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. Union Coop's Total Liabilities for the quarter that ended in Dec. 2023 was د.إ894 Mil. Union Coop's Total Assets for the quarter that ended in Dec. 2023 was د.إ3,445 Mil. Therefore, Union Coop's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.26.


Union Coop Liabilities-to-Assets Historical Data

The historical data trend for Union Coop'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.

Union Coop Liabilities-to-Assets Chart

Union Coop Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.17 0.27 0.26 0.26

Union Coop Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.27 - 0.26 0.21 0.26

Competitive Comparison of Union Coop's Liabilities-to-Assets

For the Department Stores subindustry, Union Coop'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.


Union Coop's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Union Coop's Liabilities-to-Assets distribution charts can be found below:

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



Union Coop 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.

Union Coop'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
=893.597/3444.847
=0.26

Union Coop'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
=893.597/3444.847
=0.26

* 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.


Union Coop  (DFM:UNIONCOOP) 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.


Union Coop Liabilities-to-Assets Related Terms

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


Union Coop (DFM:UNIONCOOP) Business Description

Traded in Other Exchanges
N/A
Address
The Tripoli Street, Al Warqa - 3, Dubai, ARE
Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

No Headlines