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Lacroix Group (FRA:51M) Liabilities-to-Assets : 0.69 (As of Dec. 2023)


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What is Lacroix Group 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. Lacroix Group's Total Liabilities for the quarter that ended in Dec. 2023 was €417.0 Mil. Lacroix Group's Total Assets for the quarter that ended in Dec. 2023 was €607.1 Mil. Therefore, Lacroix Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.69.


Lacroix Group Liabilities-to-Assets Historical Data

The historical data trend for Lacroix Group'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.

Lacroix Group Liabilities-to-Assets Chart

Lacroix Group Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.69 0.71 0.67 0.67

Lacroix Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.67 0.69 0.67 0.68 0.69

Competitive Comparison of Lacroix Group's Liabilities-to-Assets

For the Scientific & Technical Instruments subindustry, Lacroix Group'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.


Lacroix Group's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lacroix Group's Liabilities-to-Assets distribution charts can be found below:

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



Lacroix Group 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.

Lacroix Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=397.554/591.439
=0.67

Lacroix Group'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
=417.043/607.1
=0.69

* 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.


Lacroix Group  (FRA:51M) 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.


Lacroix Group Liabilities-to-Assets Related Terms

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Lacroix Group (FRA:51M) Business Description

Traded in Other Exchanges
Address
8, impasse du Bourrelier, B.P. 30 004, Saint Herblain cedex, FRA, 44801
Lacroix Group is engaged in the design and production of consumer electronic equipment, in particular in the automotive, home automation, aeronautical, industrial and health sectors.

Lacroix Group (FRA:51M) Headlines

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