Pincon Spirit (NSE:PINCON) Liabilities-to-Assets : 0.68 (As of Sep. 2017)

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What is Pincon Spirit Liabilities-to-Assets?

Pincon Spirit NSE:PINCON Liabilities-to-Assets is 0.68 as of Sep. 2017.

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. Pincon Spirit's Total Liabilities for the quarter that ended in Sep. 2017 was ₹4,367 Mil. Pincon Spirit's Total Assets for the quarter that ended in Sep. 2017 was ₹6,418 Mil. Therefore, Pincon Spirit's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2017 was 0.68.


Pincon Spirit  (NSE:PINCON) 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.


Pincon Spirit Liabilities-to-Assets Related Terms


Pincon Spirit Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Pincon Spirit'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.

Pincon Spirit Liabilities-to-Assets Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Liabilities-to-Assets
0.64 0.76 0.76 0.73

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Liabilities-to-Assets Get a 7-Day Free Trial 0.76 0.76 0.71 0.73 0.68

NSE:PINCON vs THST, JCTG, VDKB: Liabilities-to-Assets Comparison

For the Beverages - Wineries & Distilleries subindustry, Pincon Spirit'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.


Pincon Spirit Liabilities-to-Assets vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pincon Spirit's Liabilities-to-Assets distribution charts can be found below:

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



Pincon Spirit 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.

Pincon Spirit's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2017 is calculated as:

Liabilities-to-Assets (A: Mar. 2017 )=Total Liabilities/Total Assets
=4053.233/5586.76
=0.73

Pincon Spirit's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2017 is calculated as

Liabilities-to-Assets (Q: Sep. 2017 )=Total Liabilities/Total Assets
=4366.542/6417.895
=0.68

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.68 mean?
Pincon Spirit (NSE:PINCON) has a Liabilities-to-Assets of 0.68 as of Sep. 2017. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Liabilities-to-Assets too high?
Pincon Spirit's current Liabilities-to-Assets is 0.68.
How does Pincon Spirit's Liabilities-to-Assets compare to THST and JCTG?
Pincon Spirit's Liabilities-to-Assets of 0.68 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Beverages - Alcoholic company?
A good Liabilities-to-Assets depends on the Beverages - Alcoholic industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pincon Spirit and its competitors. Pincon Spirit's current Liabilities-to-Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Liabilities-to-Assets of 0.68. The current Liabilities-to-Assets is 0.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Pincon Spirit (NSE:PINCON), the current Liabilities-to-Assets is 0.68 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.