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Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Liabilities-to-Assets : 0.59 (As of Mar. 2024)


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What is Greek Organisation of Football Prognostics 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. Greek Organisation of Football Prognostics's Total Liabilities for the quarter that ended in Mar. 2024 was $1,368 Mil. Greek Organisation of Football Prognostics's Total Assets for the quarter that ended in Mar. 2024 was $2,301 Mil. Therefore, Greek Organisation of Football Prognostics's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.59.


Greek Organisation of Football Prognostics Liabilities-to-Assets Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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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Greek Organisation of Football Prognostics Liabilities-to-Assets Chart

Greek Organisation of Football Prognostics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.68 0.65 0.58 0.63

Greek Organisation of Football Prognostics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.57 0.71 0.63 0.59

Competitive Comparison of Greek Organisation of Football Prognostics's Liabilities-to-Assets

For the Gambling subindustry, Greek Organisation of Football Prognostics'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.


Greek Organisation of Football Prognostics's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's Liabilities-to-Assets falls into.



Greek Organisation of Football Prognostics 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.

Greek Organisation of Football Prognostics'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
=1445.281/2290.17
=0.63

Greek Organisation of Football Prognostics's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1367.852/2301.289
=0.59

* 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.


Greek Organisation of Football Prognostics  (OTCPK:GOFPY) 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.


Greek Organisation of Football Prognostics Liabilities-to-Assets Related Terms

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Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Business Description

Traded in Other Exchanges
Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.

Greek Organisation of Football Prognostics (Greek Organisation of Football Prognostics) Headlines

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