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QRNNF (Aurizon Holdings) Liabilities-to-Assets : 0.62 (As of Jun. 2024)


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What is Aurizon Holdings 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. Aurizon Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was $4,753 Mil. Aurizon Holdings's Total Assets for the quarter that ended in Jun. 2024 was $7,700 Mil. Therefore, Aurizon Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.62.


Aurizon Holdings Liabilities-to-Assets Historical Data

The historical data trend for Aurizon Holdings'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.

Aurizon Holdings Liabilities-to-Assets Chart

Aurizon Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.56 0.54 0.63 0.62

Aurizon Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.65 0.63 0.63 0.62

Competitive Comparison of Aurizon Holdings's Liabilities-to-Assets

For the Railroads subindustry, Aurizon Holdings'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.


Aurizon Holdings's Liabilities-to-Assets Distribution in the Transportation Industry

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

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



Aurizon Holdings 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.

Aurizon Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=4752.988/7699.867
=0.62

Aurizon Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=4752.988/7699.867
=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.


Aurizon Holdings  (OTCPK:QRNNF) 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.


Aurizon Holdings Liabilities-to-Assets Related Terms

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Aurizon Holdings Business Description

Traded in Other Exchanges
Address
900 Ann Street, Level 8, Fortitude Valley, Brisbane, QLD, AUS, 4006
Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes a third of operating income. The noncoal bulk segment contributes less than 15% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometers of coal rail network under a 99-year lease from the Queensland government, contributes half of earnings.