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Spirit Pub Co (LSE:SPRT) Liabilities-to-Assets : 0.63 (As of Feb. 2015)


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What is Spirit Pub Co 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. Spirit Pub Co's Total Liabilities for the quarter that ended in Feb. 2015 was £1,232.0 Mil. Spirit Pub Co's Total Assets for the quarter that ended in Feb. 2015 was £1,948.3 Mil. Therefore, Spirit Pub Co's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2015 was 0.63.


Spirit Pub Co Liabilities-to-Assets Historical Data

The historical data trend for Spirit Pub Co'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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Spirit Pub Co Liabilities-to-Assets Chart

Spirit Pub Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Liabilities-to-Assets
Get a 7-Day Free Trial 1.23 0.59 0.72 0.68 0.63

Spirit Pub Co Semi-Annual Data
Aug08 Aug09 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.68 0.68 0.63 0.63

Competitive Comparison of Spirit Pub Co's Liabilities-to-Assets

For the Leisure subindustry, Spirit Pub Co'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.


Spirit Pub Co's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Spirit Pub Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Spirit Pub Co's Liabilities-to-Assets falls into.



Spirit Pub Co 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.

Spirit Pub Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2014 is calculated as:

Liabilities-to-Assets (A: Aug. 2014 )=Total Liabilities/Total Assets
=1231.6/1957.8
=0.63

Spirit Pub Co's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2015 is calculated as

Liabilities-to-Assets (Q: Feb. 2015 )=Total Liabilities/Total Assets
=1232/1948.3
=0.63

* 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.


Spirit Pub Co  (LSE:SPRT) 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.


Spirit Pub Co Liabilities-to-Assets Related Terms

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Spirit Pub Co (LSE:SPRT) Business Description

Traded in Other Exchanges
N/A
Address
Spirit Pub Co PLC was incorporated in England. The Company's trading activities are divided into two divisions; namely a Managed division and a Leased division. The Managed division involves pubs that are directly managed by the Group, and a Leased division which involves the granting of leases to licensees who run the pub as their own business, paying rent to the Group, purchasing beer and other drinks from the Group and entering into profit sharing arrangements for income from leisure machines. The Company holds 794 Managed pubs and 433 Leased pubs. The group operates solely in the United Kingdom.