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SKAKO AS (OCSE:SKAKO) Liabilities-to-Assets : 0.65 (As of Sep. 2024)


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What is SKAKO AS 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. SKAKO AS's Total Liabilities for the quarter that ended in Sep. 2024 was kr152.3 Mil. SKAKO AS's Total Assets for the quarter that ended in Sep. 2024 was kr235.4 Mil. Therefore, SKAKO AS's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.65.


SKAKO AS Liabilities-to-Assets Historical Data

The historical data trend for SKAKO AS'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.

SKAKO AS Liabilities-to-Assets Chart

SKAKO AS 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 0.61 0.61 0.61 0.62 0.37

SKAKO AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.65 0.37 0.56 0.66 0.65

Competitive Comparison of SKAKO AS's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, SKAKO AS'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.


SKAKO AS's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKAKO AS's Liabilities-to-Assets distribution charts can be found below:

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



SKAKO AS 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.

SKAKO AS'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
=127.129/342.193
=0.37

SKAKO AS'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
=152.296/235.407
=0.65

* 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.


SKAKO AS  (OCSE:SKAKO) 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.


SKAKO AS Liabilities-to-Assets Related Terms

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SKAKO AS Business Description

Traded in Other Exchanges
N/A
Address
Bygmestervej 2, Faaborg, DNK, DK-5600
SKAKO AS along with its subsidiaries operates in two business areas including SKAKO Vibration and SKAKO Concrete. SKAKO Vibration develops designs and sells high-end vibratory feeding, conveying, and screening equipment. SKAKO Concrete develops designs and sells a versatile high-end product range of all types of concrete batching plants for ready-mix, precast, and job site plants. It has a market presence in the United States, Europe, Africa, and the Rest of the world.

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