GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Driver & Bengsch AG (FRA:D8B1) » Definitions » Liabilities-to-Assets

Driver & Bengsch AG (FRA:D8B1) Liabilities-to-Assets : 1.02 (As of Jun. 2012)


View and export this data going back to 2011. Start your Free Trial

What is Driver & Bengsch AG 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. Driver & Bengsch AG's Total Liabilities for the quarter that ended in Jun. 2012 was €1.47 Mil. Driver & Bengsch AG's Total Assets for the quarter that ended in Jun. 2012 was €1.44 Mil. Therefore, Driver & Bengsch AG's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2012 was 1.02.


Driver & Bengsch AG Liabilities-to-Assets Historical Data

The historical data trend for Driver & Bengsch AG'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.

Driver & Bengsch AG Liabilities-to-Assets Chart

Driver & Bengsch AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Liabilities-to-Assets
0.28 0.11 0.43 0.41 0.84

Driver & Bengsch AG Semi-Annual Data
Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.71 0.41 0.45 0.84 1.02

Competitive Comparison of Driver & Bengsch AG's Liabilities-to-Assets

For the Insurance Brokers subindustry, Driver & Bengsch AG'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.


Driver & Bengsch AG's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Driver & Bengsch AG's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Driver & Bengsch AG's Liabilities-to-Assets falls into.



Driver & Bengsch AG 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.

Driver & Bengsch AG's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Liabilities-to-Assets (A: Dec. 2011 )=Total Liabilities/Total Assets
=1.401/1.675
=0.84

Driver & Bengsch AG's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2012 is calculated as

Liabilities-to-Assets (Q: Jun. 2012 )=Total Liabilities/Total Assets
=1.468/1.436
=1.02

* 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.


Driver & Bengsch AG  (FRA:D8B1) 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.


Driver & Bengsch AG Liabilities-to-Assets Related Terms

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


Driver & Bengsch AG (FRA:D8B1) Business Description

Traded in Other Exchanges
N/A
Address
Berliner Platz 6a, Itzehoe, DEU, 25524
Driver & Bengsch AG is a Germany-based holding company offering various financial services including insurance and real estate brokerage and financial advisory services.

Driver & Bengsch AG (FRA:D8B1) Headlines

No Headlines