GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lilium NV (NAS:LILM) » Definitions » Liabilities-to-Assets

Lilium NV (Lilium NV) Liabilities-to-Assets : 0.88 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Lilium NV 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. Lilium NV's Total Liabilities for the quarter that ended in Dec. 2023 was $299.76 Mil. Lilium NV's Total Assets for the quarter that ended in Dec. 2023 was $340.18 Mil. Therefore, Lilium NV's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.88.


Lilium NV Liabilities-to-Assets Historical Data

The historical data trend for Lilium NV'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.

Lilium NV Liabilities-to-Assets Chart

Lilium NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.69 0.21 0.30 0.88

Lilium NV Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.21 0.26 0.30 1.31 0.88

Competitive Comparison of Lilium NV's Liabilities-to-Assets

For the Aerospace & Defense subindustry, Lilium NV'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.


Lilium NV's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Lilium NV's Liabilities-to-Assets distribution charts can be found below:

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



Lilium NV 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.

Lilium NV'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
=299.763/340.176
=0.88

Lilium NV'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
=299.763/340.176
=0.88

* 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.


Lilium NV  (NAS:LILM) 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.


Lilium NV Liabilities-to-Assets Related Terms

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


Lilium NV (Lilium NV) Business Description

Traded in Other Exchanges
Address
Claude-Dornier Street 1, Building 335, Wessling, BY, DEU, 82234
Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.