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ODDITY Tech (ODDITY Tech) Liabilities-to-Assets : 0.35 (As of Mar. 2024)


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What is ODDITY Tech 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. ODDITY Tech's Total Liabilities for the quarter that ended in Mar. 2024 was $175.5 Mil. ODDITY Tech's Total Assets for the quarter that ended in Mar. 2024 was $505.1 Mil. Therefore, ODDITY Tech's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.35.


ODDITY Tech Liabilities-to-Assets Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech Liabilities-to-Assets Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.36 0.43 0.49 0.30

ODDITY Tech Quarterly Data
Dec20 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 0.51 0.37 0.29 0.30 0.35

Competitive Comparison of ODDITY Tech's Liabilities-to-Assets

For the Software - Infrastructure subindustry, ODDITY Tech'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.


ODDITY Tech's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's Liabilities-to-Assets distribution charts can be found below:

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



ODDITY Tech 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.

ODDITY Tech'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
=121.799/404.906
=0.30

ODDITY Tech'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
=175.453/505.09
=0.35

* 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.


ODDITY Tech  (NAS:ODD) 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.


ODDITY Tech Liabilities-to-Assets Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.