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Remora Royalties (Remora Royalties) Liabilities-to-Assets : 1.29 (As of Jun. 2018)


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What is Remora Royalties 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. Remora Royalties's Total Liabilities for the quarter that ended in Jun. 2018 was $97.88 Mil. Remora Royalties's Total Assets for the quarter that ended in Jun. 2018 was $76.17 Mil. Therefore, Remora Royalties's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2018 was 1.29.


Remora Royalties Liabilities-to-Assets Historical Data

The historical data trend for Remora Royalties'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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Remora Royalties Liabilities-to-Assets Chart

Remora Royalties Annual Data
Trend Dec16 Dec17
Liabilities-to-Assets
1.34 1.22

Remora Royalties Quarterly Data
Dec16 Dec17 Jun18
Liabilities-to-Assets 1.34 1.22 1.29

Competitive Comparison of Remora Royalties's Liabilities-to-Assets

For the subindustry, Remora Royalties'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.


Remora Royalties's Liabilities-to-Assets Distribution in the Industry

For the industry and sector, Remora Royalties's Liabilities-to-Assets distribution charts can be found below:

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



Remora Royalties 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.

Remora Royalties's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=80.657/66.185
=1.22

Remora Royalties's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2018 is calculated as

Liabilities-to-Assets (Q: Jun. 2018 )=Total Liabilities/Total Assets
=97.881/76.174
=1.28

* 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.


Remora Royalties  (NAS:RRI) 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.


Remora Royalties Liabilities-to-Assets Related Terms

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Remora Royalties (Remora Royalties) Business Description

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