GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Belships ASA (OSTO:BELO) » Definitions » Liabilities-to-Assets

Belships ASA (OSTO:BELO) Liabilities-to-Assets : 0.67 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Belships 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. Belships ASA's Total Liabilities for the quarter that ended in Sep. 2024 was kr6,256 Mil. Belships ASA's Total Assets for the quarter that ended in Sep. 2024 was kr9,329 Mil. Therefore, Belships ASA's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.67.


Belships ASA Liabilities-to-Assets Historical Data

The historical data trend for Belships 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.

Belships ASA Liabilities-to-Assets Chart

Belships 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 0.61 0.68 0.66 0.70 0.67

Belships ASA 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 0.68 0.67 0.66 0.67 0.67

Competitive Comparison of Belships ASA's Liabilities-to-Assets

For the Marine Shipping subindustry, Belships 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.


Belships ASA's Liabilities-to-Assets Distribution in the Transportation Industry

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

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



Belships 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.

Belships 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
=6617.67/9841.155
=0.67

Belships ASA'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
=6256.095/9328.576
=0.67

* 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.


Belships ASA  (OSTO:BELO) 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.


Belships ASA Liabilities-to-Assets Related Terms

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


Belships ASA Business Description

Traded in Other Exchanges
Address
Lilleakerveien 6D, 7th floor, Oslo, NOR, N-0283
Belships ASA is a fully integrated owner and operator of dry bulk ships. The company also provides commercial and technical ship management services. The Group is divided into the operating segments of Belships and Lighthouse Navigation. The operating segments have world-wide activities. Shipping, in general, offers a world-wide service covering trade routes across globe. It generates maximum revenue from Lighthouse Navigation.

Belships ASA Headlines

No Headlines