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Meghna Petroleum (DHA:MPETROLEUM) Liabilities-to-Assets : 0.75 (As of Sep. 2024)


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What is Meghna Petroleum 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. Meghna Petroleum's Total Liabilities for the quarter that ended in Sep. 2024 was BDT78,278 Mil. Meghna Petroleum's Total Assets for the quarter that ended in Sep. 2024 was BDT104,991 Mil. Therefore, Meghna Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.75.


Meghna Petroleum Liabilities-to-Assets Historical Data

The historical data trend for Meghna Petroleum'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.

Meghna Petroleum Liabilities-to-Assets Chart

Meghna Petroleum Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.75 0.77 0.80 0.74

Meghna Petroleum 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 0.76 0.76 0.79 0.74 0.75

Competitive Comparison of Meghna Petroleum's Liabilities-to-Assets

For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.


Meghna Petroleum's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Meghna Petroleum's Liabilities-to-Assets distribution charts can be found below:

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


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Meghna Petroleum 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.

Meghna Petroleum's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=73228.373/98564.039
=0.74

Meghna Petroleum'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
=78277.556/104990.528
=0.75

* 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.


Meghna Petroleum  (DHA:MPETROLEUM) 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.


Meghna Petroleum Liabilities-to-Assets Related Terms

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Meghna Petroleum Business Description

Traded in Other Exchanges
N/A
Address
58-59 Agrabad Commercial Area, Chittagong, BGD, 4100
Meghna Petroleum Ltd is engaged in the business of petroleum oil and its related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments- petroleum products and lubricants oil and grease.

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