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General Finance (General Finance) Liabilities-to-Assets : 0.74 (As of Mar. 2021)


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What is General Finance 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. General Finance's Total Liabilities for the quarter that ended in Mar. 2021 was $584.68 Mil. General Finance's Total Assets for the quarter that ended in Mar. 2021 was $788.76 Mil. Therefore, General Finance's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.74.


General Finance Liabilities-to-Assets Historical Data

The historical data trend for General Finance'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.

General Finance Liabilities-to-Assets Chart

General Finance Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.67 0.79 0.75 0.77

General Finance Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.76 0.77 0.77 0.75 0.74

Competitive Comparison of General Finance's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, General Finance'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.


General Finance's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, General Finance's Liabilities-to-Assets distribution charts can be found below:

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



General Finance 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.

General Finance's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2020 is calculated as:

Liabilities-to-Assets (A: Jun. 2020 )=Total Liabilities/Total Assets
=581.105/756.022
=0.77

General Finance's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )=Total Liabilities/Total Assets
=584.675/788.764
=0.74

* 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.


General Finance  (NAS:GFNCP.PFD) 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.


General Finance Liabilities-to-Assets Related Terms

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General Finance (General Finance) Business Description

Traded in Other Exchanges
N/A
Address
39 East Union Street, Pasadena, CA, USA, 91103
General Finance Corp is a specialty rental services company. The company offers portable storage, modular space, and liquid containment solutions, with a diverse and expanding lease fleet of 78,605 units. The company serves a diverse range of customers across a broad range of industries, including the commercial, construction, transportation, industrial, energy, manufacturing, mining, retail, education and government sectors. The company is organized geographically across two principal operating segments, North America and Asia-Pacific.