GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Silkflex Polymers (India) Ltd (NSE:SILKFLEX) » Definitions » Liabilities-to-Assets

Silkflex Polymers (India) (NSE:SILKFLEX) Liabilities-to-Assets : 0.49 (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Silkflex Polymers (India) 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. Silkflex Polymers (India)'s Total Liabilities for the quarter that ended in Sep. 2024 was ₹308.7 Mil. Silkflex Polymers (India)'s Total Assets for the quarter that ended in Sep. 2024 was ₹626.7 Mil. Therefore, Silkflex Polymers (India)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.49.


Silkflex Polymers (India) Liabilities-to-Assets Historical Data

The historical data trend for Silkflex Polymers (India)'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.

Silkflex Polymers (India) Liabilities-to-Assets Chart

Silkflex Polymers (India) Annual Data
Trend Mar21 Mar22 Mar23
Liabilities-to-Assets
0.61 0.63 0.66

Silkflex Polymers (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24
Liabilities-to-Assets 0.61 0.63 0.66 0.69 0.49

Competitive Comparison of Silkflex Polymers (India)'s Liabilities-to-Assets

For the Specialty Chemicals subindustry, Silkflex Polymers (India)'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.


Silkflex Polymers (India)'s Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Silkflex Polymers (India)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Silkflex Polymers (India)'s Liabilities-to-Assets falls into.


;
;

Silkflex Polymers (India) 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.

Silkflex Polymers (India)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=155.811/237.473
=0.66

Silkflex Polymers (India)'s Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=308.669/626.72
=0.49

* 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.


Silkflex Polymers (India)  (NSE:SILKFLEX) 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.


Silkflex Polymers (India) Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Silkflex Polymers (India)'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Silkflex Polymers (India) Business Description

Traded in Other Exchanges
N/A
Address
Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302
Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.

Silkflex Polymers (India) Headlines

No Headlines