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Induction Healthcare Group (LSE:INHC) Liabilities-to-Assets : 0.33 (As of Sep. 2024)


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What is Induction Healthcare 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. Induction Healthcare Group's Total Liabilities for the quarter that ended in Sep. 2024 was £8.90 Mil. Induction Healthcare Group's Total Assets for the quarter that ended in Sep. 2024 was £27.09 Mil. Therefore, Induction Healthcare Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.33.


Induction Healthcare Group Liabilities-to-Assets Historical Data

The historical data trend for Induction Healthcare 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.

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Induction Healthcare Group Liabilities-to-Assets Chart

Induction Healthcare Group Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.16 0.18 0.24 0.37 0.39

Induction Healthcare Group Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.37 0.34 0.39 0.33

Competitive Comparison of Induction Healthcare Group's Liabilities-to-Assets

For the Health Information Services subindustry, Induction Healthcare 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.


Induction Healthcare Group's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Induction Healthcare Group's Liabilities-to-Assets distribution charts can be found below:

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


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Induction Healthcare 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.

Induction Healthcare Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=12.994/33.374
=0.39

Induction Healthcare Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=8.903/27.093
=0.33

* 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.


Induction Healthcare Group  (LSE:INHC) 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.


Induction Healthcare Group Liabilities-to-Assets Related Terms

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Induction Healthcare Group Business Description

Traded in Other Exchanges
N/A
Address
C/o Pinsent Masons, 30 Crown Place, Earl Street, London, GBR, EC2A 4ES
Induction Healthcare Group PLC is a healthcare technology company focused on streamlining the delivery of care by Healthcare Professionals. The company's mobile application module Induction Switch is an app that provides a directory allowing Healthcare Professionals to find extension numbers, messaging, and administration portals to share and view hospital guidelines. The company's products power remote consultations, capture patient-reported data and empower patients to self-manage their care pathway. Geographically, it operates in the United Kingdom, Europe, the United States and the Rest of the world, out of which the majority of revenue is derived from the United Kingdom.

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