RedFish LongTerm Capital SpA (FRA:HN5) Liabilities-to-Assets : 0.56 (As of Jun. 2024)

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What is RedFish LongTerm Capital SpA 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. RedFish LongTerm Capital SpA's Total Liabilities for the quarter that ended in Jun. 2024 was €69.93 Mil. RedFish LongTerm Capital SpA's Total Assets for the quarter that ended in Jun. 2024 was €124.08 Mil. Therefore, RedFish LongTerm Capital SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.56.

RedFish LongTerm Capital SpA Liabilities-to-Assets Historical Data

The historical data trend for RedFish LongTerm Capital SpA'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.

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RedFish LongTerm Capital SpA Liabilities-to-Assets Chart

RedFish LongTerm Capital SpA Annual Data

Trend

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.02

0.34

0.51

RedFish LongTerm Capital SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Liabilities-to-Assets	Get a 7-Day Free Trial			-	0.34	0.45	0.51	0.56

Competitive Comparison of RedFish LongTerm Capital SpA's Liabilities-to-Assets

For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.

RedFish LongTerm Capital SpA's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where RedFish LongTerm Capital SpA's Liabilities-to-Assets falls into.

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RedFish LongTerm Capital SpA 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.

RedFish LongTerm Capital SpA'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
	=	31.087	/	61.021
	=	0.51

RedFish LongTerm Capital SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )	=	Total Liabilities	/	Total Assets
	=	69.925	/	124.076
	=	0.56

RedFish LongTerm Capital SpA (FRA:HN5) 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.

RedFish LongTerm Capital SpA Liabilities-to-Assets Related Terms

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RedFish LongTerm Capital SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (FRA:HN5) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

RFLTC:Italy

Address

Via del Carmine, 11, Milano, ITA, 20121

Website

https://longterm.redfish.capital

RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

RedFish LongTerm Capital SpA Headlines

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