Solid Group (PHS:SGI) Liabilities-to-Assets : 0.13 (As of Mar. 2024)

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What is Solid Group 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. Solid Group's Total Liabilities for the quarter that ended in Mar. 2024 was ₱1,880 Mil. Solid Group's Total Assets for the quarter that ended in Mar. 2024 was ₱14,286 Mil. Therefore, Solid Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.13.

Solid Group Liabilities-to-Assets Historical Data

The historical data trend for Solid Group'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.

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Solid Group Liabilities-to-Assets Chart

Solid Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

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0.12

0.11

0.12

0.14

Solid Group 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															0.12	0.12	0.13	0.14	0.13

Competitive Comparison of Solid Group's Liabilities-to-Assets

For the Consumer Electronics subindustry, Solid Group'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.

Solid Group's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Solid Group's Liabilities-to-Assets distribution charts can be found below:

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

Solid Group 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.

Solid Group'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
	=	1959.928	/	14313.363
	=	0.14

Solid Group'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
	=	1879.524	/	14285.684
	=	0.13

Solid Group (PHS:SGI) 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.

Solid Group Liabilities-to-Assets Related Terms

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Solid Group (PHS:SGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Group Inc (PHS:SGI) » Definitions » Liabilities-to-Assets

Traded in Other Exchanges

N/A

Address

2285 Don Chino Roces Avenue Extension, Green Sun, Makati, PHL, 1231

Website

https://www.solidgroup.com.ph

Solid Group Inc operates as an investment holding company. It operates its business in various segments that include Distribution involved in the sale of mobile phones and devices, and the sale of prefabricated modular houses; Property and related services involved in the leasing, development and sale of industrial and other real estate properties and hotel and restaurant operations; Logistics and Technical solutions engaged in the business of sale of professional audio and video equipment, after-sales services, warehousing and distribution; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension.

Solid Group (PHS:SGI) Headlines

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