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Propel Funeral Partners (Propel Funeral Partners) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Propel Funeral Partners 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. Propel Funeral Partners's Total Liabilities for the quarter that ended in Dec. 2023 was $230.8 Mil. Propel Funeral Partners's Total Assets for the quarter that ended in Dec. 2023 was $401.6 Mil. Therefore, Propel Funeral Partners's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Propel Funeral Partners Liabilities-to-Assets Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners Liabilities-to-Assets Chart

Propel Funeral Partners Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.33 0.55 0.52 0.42 0.53

Propel Funeral Partners Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.42 0.44 0.53 0.58

Competitive Comparison of Propel Funeral Partners's Liabilities-to-Assets

For the Personal Services subindustry, Propel Funeral Partners'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.


Propel Funeral Partners's Liabilities-to-Assets Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Propel Funeral Partners's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Propel Funeral Partners's Liabilities-to-Assets falls into.



Propel Funeral Partners 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.

Propel Funeral Partners's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=192.3/362.322
=0.53

Propel Funeral Partners's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=230.786/401.608
=0.57

* 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.


Propel Funeral Partners  (OTCPK:PFPLF) 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.


Propel Funeral Partners Liabilities-to-Assets Related Terms

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Propel Funeral Partners (Propel Funeral Partners) Business Description

Traded in Other Exchanges
Address
135 King Street, Level 18.03, Sydney, NSW, AUS, 2000
Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.

Propel Funeral Partners (Propel Funeral Partners) Headlines

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