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Michelmersh Brick Holdings (LSE:MBH) Liabilities-to-Assets : 0.24 (As of Dec. 2024)


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What is Michelmersh Brick Holdings 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. Michelmersh Brick Holdings's Total Liabilities for the quarter that ended in Dec. 2024 was £31.03 Mil. Michelmersh Brick Holdings's Total Assets for the quarter that ended in Dec. 2024 was £126.96 Mil. Therefore, Michelmersh Brick Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.24.


Michelmersh Brick Holdings Liabilities-to-Assets Historical Data

The historical data trend for Michelmersh Brick Holdings'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.

Michelmersh Brick Holdings Liabilities-to-Assets Chart

Michelmersh Brick Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.25 0.28 0.25 0.24

Michelmersh Brick Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.28 0.30 0.25 0.27 0.24

Competitive Comparison of Michelmersh Brick Holdings's Liabilities-to-Assets

For the Building Materials subindustry, Michelmersh Brick Holdings'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.


Michelmersh Brick Holdings's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Michelmersh Brick Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Michelmersh Brick Holdings's Liabilities-to-Assets falls into.


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Michelmersh Brick Holdings 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.

Michelmersh Brick Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=31.031/126.962
=0.24

Michelmersh Brick Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=31.031/126.962
=0.24

* 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.


Michelmersh Brick Holdings  (LSE:MBH) 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.


Michelmersh Brick Holdings Liabilities-to-Assets Related Terms

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Michelmersh Brick Holdings Business Description

Traded in Other Exchanges
Address
Freshfield Lane, Danehill, Haywards Heath, West Sussex, GBR, RH17 7HH
Michelmersh Brick Holdings PLC is a business with brands, namely, Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Ltd, and seeks to develop future landfill and development opportunities on ancillary land assets. It currently owns the UK's premium manufacturing brick brands and is a specification brick and clay paving manufacturer. Geographically, the majority is derived from the United Kingdom.

Michelmersh Brick Holdings Headlines

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