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Close Brothers Group (LSE:CBG) Liabilities-to-Assets : 0.87 (As of Jul. 2024)


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What is Close Brothers Group 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. Close Brothers Group's Total Liabilities for the quarter that ended in Jul. 2024 was £12,238 Mil. Close Brothers Group's Total Assets for the quarter that ended in Jul. 2024 was £14,081 Mil. Therefore, Close Brothers Group's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 was 0.87.


Close Brothers Group Liabilities-to-Assets Historical Data

The historical data trend for Close Brothers Group'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.

Close Brothers Group Liabilities-to-Assets Chart

Close Brothers Group Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.87 0.87 0.88 0.87

Close Brothers Group Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.87 0.88 0.88 0.87 0.87

Competitive Comparison of Close Brothers Group's Liabilities-to-Assets

For the Banks - Regional subindustry, Close Brothers Group'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.


Close Brothers Group's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Close Brothers Group's Liabilities-to-Assets distribution charts can be found below:

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



Close Brothers Group 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.

Close Brothers Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Liabilities-to-Assets (A: Jul. 2024 )=Total Liabilities/Total Assets
=12238.3/14080.8
=0.87

Close Brothers Group's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 is calculated as

Liabilities-to-Assets (Q: Jul. 2024 )=Total Liabilities/Total Assets
=12238.3/14080.8
=0.87

* 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.


Close Brothers Group  (LSE:CBG) 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.


Close Brothers Group Liabilities-to-Assets Related Terms

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Close Brothers Group Business Description

Traded in Other Exchanges
Address
10 Crown Place, London, GBR, EC2A 4FT
Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. The operating segments of the company are Commercial, Retail, Property, Asset Management, and Securities. The company derives the maximum of its income from the Commercial segment.

Close Brothers Group Headlines

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