GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Asia Offshore Drilling Ltd (OSL:AOD) » Definitions » Liabilities-to-Assets

Asia Offshore Drilling (OSL:AOD) Liabilities-to-Assets : 0.17 (As of Mar. 2013)


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

What is Asia Offshore Drilling 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. Asia Offshore Drilling's Total Liabilities for the quarter that ended in Mar. 2013 was kr316.06 Mil. Asia Offshore Drilling's Total Assets for the quarter that ended in Mar. 2013 was kr1,841.97 Mil. Therefore, Asia Offshore Drilling's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 was 0.17.


Asia Offshore Drilling Liabilities-to-Assets Historical Data

The historical data trend for Asia Offshore Drilling'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.

Asia Offshore Drilling Liabilities-to-Assets Chart

Asia Offshore Drilling Annual Data
Trend Sep11 Dec12
Liabilities-to-Assets
0.05 0.04

Asia Offshore Drilling Quarterly Data
Mar11 Jun11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Liabilities-to-Assets Get a 7-Day Free Trial 0.02 0.03 0.03 0.04 0.17

Competitive Comparison of Asia Offshore Drilling's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Asia Offshore Drilling'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.


Asia Offshore Drilling's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Asia Offshore Drilling's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Asia Offshore Drilling's Liabilities-to-Assets falls into.



Asia Offshore Drilling 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.

Asia Offshore Drilling's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

Liabilities-to-Assets (A: Dec. 2012 )=Total Liabilities/Total Assets
=36.018/967.816
=0.04

Asia Offshore Drilling's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 is calculated as

Liabilities-to-Assets (Q: Mar. 2013 )=Total Liabilities/Total Assets
=316.06/1841.965
=0.17

* 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.


Asia Offshore Drilling  (OSL:AOD) 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.


Asia Offshore Drilling Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Asia Offshore Drilling's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Offshore Drilling (OSL:AOD) Business Description

Traded in Other Exchanges
N/A
Address
Website