GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (OTCPK:HLMMF) » Definitions » Liabilities-to-Assets

Holmen AB (Holmen AB) Liabilities-to-Assets : 0.29 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Holmen AB 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. Holmen AB's Total Liabilities for the quarter that ended in Mar. 2024 was $2,226 Mil. Holmen AB's Total Assets for the quarter that ended in Mar. 2024 was $7,697 Mil. Therefore, Holmen AB's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.29.


Holmen AB Liabilities-to-Assets Historical Data

The historical data trend for Holmen AB'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.

Holmen AB Liabilities-to-Assets Chart

Holmen AB 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 0.32 0.32 0.31 0.30 0.29

Holmen AB 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 0.32 0.31 0.30 0.29 0.29

Competitive Comparison of Holmen AB's Liabilities-to-Assets

For the Paper & Paper Products subindustry, Holmen AB'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.


Holmen AB's Liabilities-to-Assets Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Liabilities-to-Assets distribution charts can be found below:

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



Holmen AB 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.

Holmen AB'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
=2222.352/7771.701
=0.29

Holmen AB'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
=2225.947/7696.925
=0.29

* 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.


Holmen AB  (OTCPK:HLMMF) 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.


Holmen AB Liabilities-to-Assets Related Terms

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


Holmen AB (Holmen AB) Business Description

Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (Holmen AB) Headlines

From GuruFocus

GRACE & WHITE INC /NY's Top 5 Buys of the 2nd Quarter

By GuruFocus Research GuruFocus Editor 07-22-2022