GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bang & Olufsen A/S (FRA:BUOB) » Definitions » Liabilities-to-Assets

Bang & Olufsen A/S (FRA:BUOB) Liabilities-to-Assets : 0.56 (As of Feb. 2024)


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

What is Bang & Olufsen A/S 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. Bang & Olufsen A/S's Total Liabilities for the quarter that ended in Feb. 2024 was €165.2 Mil. Bang & Olufsen A/S's Total Assets for the quarter that ended in Feb. 2024 was €298.0 Mil. Therefore, Bang & Olufsen A/S's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.56.


Bang & Olufsen A/S Liabilities-to-Assets Historical Data

The historical data trend for Bang & Olufsen A/S'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.

Bang & Olufsen A/S Liabilities-to-Assets Chart

Bang & Olufsen A/S Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.53 0.50 0.56 0.60

Bang & Olufsen A/S Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.59 0.60 0.57 0.57 0.56

Competitive Comparison of Bang & Olufsen A/S's Liabilities-to-Assets

For the Consumer Electronics subindustry, Bang & Olufsen A/S'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.


Bang & Olufsen A/S's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen A/S's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen A/S's Liabilities-to-Assets falls into.



Bang & Olufsen A/S 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.

Bang & Olufsen A/S's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Liabilities-to-Assets (A: May. 2023 )=Total Liabilities/Total Assets
=191.518/320.092
=0.60

Bang & Olufsen A/S's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=165.231/297.98
=0.55

* 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.


Bang & Olufsen A/S  (FRA:BUOB) 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.


Bang & Olufsen A/S Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Bang & Olufsen A/S's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Bang & Olufsen A/S (FRA:BUOB) Business Description

Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen A/S (FRA:BUOB) Headlines

No Headlines