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Aveng (FRA:UG8) Liabilities-to-Assets : 0.78 (As of Dec. 2023)


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What is Aveng 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. Aveng's Total Liabilities for the quarter that ended in Dec. 2023 was €545 Mil. Aveng's Total Assets for the quarter that ended in Dec. 2023 was €700 Mil. Therefore, Aveng's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.78.


Aveng Liabilities-to-Assets Historical Data

The historical data trend for Aveng'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.

Aveng Liabilities-to-Assets Chart

Aveng Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.84 0.72 0.70 0.77

Aveng Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 0.70 0.70 0.72 0.77 0.78

Competitive Comparison of Aveng's Liabilities-to-Assets

For the Engineering & Construction subindustry, Aveng'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.


Aveng's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aveng's Liabilities-to-Assets distribution charts can be found below:

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



Aveng 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.

Aveng's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=523.697/680.92
=0.77

Aveng'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
=544.522/699.911
=0.78

* 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.


Aveng  (FRA:UG8) 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.


Aveng Liabilities-to-Assets Related Terms

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Aveng (FRA:UG8) Business Description

Traded in Other Exchanges
Address
10 The High Street, 3rd Floor, Melrose Arch, Johannesburg, GT, ZAF, 2076
Aveng Ltd is in the construction and engineering business. It has the following segments. The Construction and Engineering segment specializes in the construction and maintenance of tunnels and pipelines, construction and Engineering: South Africa and rest of Africa; and mineral construction. It comprises McConnell Dowell and is divided into Australia, New Zealand, and Pacific, Built Environs, and Southeast Asia. The Mining segment comprises Moolmans and operates in the open cut and underground mining sectors. Construction and Engineering South Africa segment, Other and Eliminations segment comprises corporate services, Africa construction, corporate held investments, including properties and consolidation eliminations, and Manufacturing and Processing segment.

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