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Arendals Fossekompani ASA (OSL:AFK) Liabilities-to-Assets : 0.62 (As of Mar. 2024)


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What is Arendals Fossekompani ASA 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. Arendals Fossekompani ASA's Total Liabilities for the quarter that ended in Mar. 2024 was kr5,860 Mil. Arendals Fossekompani ASA's Total Assets for the quarter that ended in Mar. 2024 was kr9,528 Mil. Therefore, Arendals Fossekompani ASA's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.62.


Arendals Fossekompani ASA Liabilities-to-Assets Historical Data

The historical data trend for Arendals Fossekompani ASA'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.

Arendals Fossekompani ASA Liabilities-to-Assets Chart

Arendals Fossekompani ASA 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 0.46 0.45 0.43 0.52 0.60

Arendals Fossekompani ASA 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 0.54 0.55 0.57 0.60 0.62

Competitive Comparison of Arendals Fossekompani ASA's Liabilities-to-Assets

For the Conglomerates subindustry, Arendals Fossekompani ASA'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.


Arendals Fossekompani ASA's Liabilities-to-Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Arendals Fossekompani ASA's Liabilities-to-Assets falls into.



Arendals Fossekompani ASA 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.

Arendals Fossekompani ASA'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
=5421.399/9059.932
=0.60

Arendals Fossekompani ASA'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
=5860/9528
=0.62

* 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.


Arendals Fossekompani ASA  (OSL:AFK) 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.


Arendals Fossekompani ASA Liabilities-to-Assets Related Terms

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Arendals Fossekompani ASA (OSL:AFK) Business Description

Traded in Other Exchanges
Address
Langbryggen 5, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.

Arendals Fossekompani ASA (OSL:AFK) Headlines