GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Group Five Pipe Saudi Co (SAU:9523) » Definitions » Liabilities-to-Assets

Group Five Pipeudi Co (SAU:9523) Liabilities-to-Assets : 0.72 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Group Five Pipeudi Co 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. Group Five Pipeudi Co's Total Liabilities for the quarter that ended in Jun. 2024 was ﷼875.6 Mil. Group Five Pipeudi Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼1,208.9 Mil. Therefore, Group Five Pipeudi Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.72.


Group Five Pipeudi Co Liabilities-to-Assets Historical Data

The historical data trend for Group Five Pipeudi Co'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.

Group Five Pipeudi Co Liabilities-to-Assets Chart

Group Five Pipeudi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.80 0.77 0.78 0.75

Group Five Pipeudi Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial 0.74 0.78 0.74 0.75 0.72

Competitive Comparison of Group Five Pipeudi Co's Liabilities-to-Assets

For the Steel subindustry, Group Five Pipeudi Co'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.


Group Five Pipeudi Co's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Group Five Pipeudi Co's Liabilities-to-Assets distribution charts can be found below:

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


;
;

Group Five Pipeudi Co 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.

Group Five Pipeudi Co'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
=956.357/1280.432
=0.75

Group Five Pipeudi Co'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
=875.586/1208.867
=0.72

* 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.


Group Five Pipeudi Co  (SAU:9523) 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.


Group Five Pipeudi Co Liabilities-to-Assets Related Terms

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


Group Five Pipeudi Co Business Description

Traded in Other Exchanges
N/A
Address
2nd Industrial City, Dammam, SAU, 31492
Group Five Pipe Saudi Co is a spiral pipe provider in the Middle East and it is based in the Kingdom of Saudi Arabia.

Group Five Pipeudi Co Headlines

No Headlines