Tan Delta Systems (LSE:TAND) Liabilities-to-Assets : 0.10 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Tan Delta Systems 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. Tan Delta Systems's Total Liabilities for the quarter that ended in Dec. 2023 was £0.57 Mil. Tan Delta Systems's Total Assets for the quarter that ended in Dec. 2023 was £5.49 Mil. Therefore, Tan Delta Systems's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.10.

Tan Delta Systems Liabilities-to-Assets Historical Data

The historical data trend for Tan Delta Systems'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.

Tan Delta Systems Liabilities-to-Assets Chart

Tan Delta Systems Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.70

0.53

0.10

Tan Delta Systems Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			0.70	-	0.53	0.83	0.10

Competitive Comparison of Tan Delta Systems's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.

Tan Delta Systems's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Tan Delta Systems's Liabilities-to-Assets falls into.

Tan Delta Systems 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.

Tan Delta Systems'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
	=	0.565	/	5.488
	=	0.10

Tan Delta Systems'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
	=	0.565	/	5.488
	=	0.10

Tan Delta Systems (LSE:TAND) 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.

Tan Delta Systems Liabilities-to-Assets Related Terms

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

Tan Delta Systems (LSE:TAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems plc (LSE:TAND) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

Tan Delta Systems (LSE:TAND) Headlines

No Headlines