GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » OEM International AB (LTS:0QTY) » Definitions » Liabilities-to-Assets

OEM International AB (LTS:0QTY) Liabilities-to-Assets : 0.30 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is OEM International AB 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. OEM International AB's Total Liabilities for the quarter that ended in Mar. 2024 was kr929 Mil. OEM International AB's Total Assets for the quarter that ended in Mar. 2024 was kr3,114 Mil. Therefore, OEM International AB's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.30.


OEM International AB Liabilities-to-Assets Historical Data

The historical data trend for OEM International AB'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.

OEM International AB Liabilities-to-Assets Chart

OEM International AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.31 0.33 0.43 0.32

OEM International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.38 0.34 0.32 0.30

Competitive Comparison of OEM International AB's Liabilities-to-Assets

For the Industrial Distribution subindustry, OEM International AB'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.


OEM International AB's Liabilities-to-Assets Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, OEM International AB's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where OEM International AB's Liabilities-to-Assets falls into.



OEM International AB 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.

OEM International AB'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
=940.8/2932
=0.32

OEM International AB's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=929/3114
=0.30

* 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.


OEM International AB  (LTS:0QTY) 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.


OEM International AB Liabilities-to-Assets Related Terms

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


OEM International AB (LTS:0QTY) Business Description

Traded in Other Exchanges
Address
Forradsvagen 2, Box 1009, Tranas, SWE, SE-573 28
OEM International AB is a leading technology trading group in Europe. It acts as a link between its customers and manufacturers of products and systems for industrial applications. It offers various industrial components and systems from various suppliers, including electrical components, flow components, motors and transmissions, bearings, seals, and couplings, as well as appliance components, lighting, and complete production systems. Geographic areas of operations include Sweden, Denmark, United Kingdom, Finland, Hungary, China and other countries.

OEM International AB (LTS:0QTY) Headlines

No Headlines