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Armstrong Industrial Limited (SGX:A14) Liabilities-to-Assets : 0.36 (As of Jun. 2013)


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What is Armstrong Industrial Limited 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. Armstrong Industrial Limited's Total Liabilities for the quarter that ended in Jun. 2013 was S$68.0 Mil. Armstrong Industrial Limited's Total Assets for the quarter that ended in Jun. 2013 was S$188.8 Mil. Therefore, Armstrong Industrial Limited's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 was 0.36.


Armstrong Industrial Limited Liabilities-to-Assets Historical Data

The historical data trend for Armstrong Industrial Limited'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.

Armstrong Industrial Limited Liabilities-to-Assets Chart

Armstrong Industrial Limited Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Liabilities-to-Assets
Get a 7-Day Free Trial 0.27 0.29 0.30 0.34 0.31

Armstrong Industrial Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.33 0.31 0.31 0.32 0.36

Competitive Comparison of Armstrong Industrial Limited's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Armstrong Industrial Limited'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.


Armstrong Industrial Limited's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Armstrong Industrial Limited's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Armstrong Industrial Limited's Liabilities-to-Assets falls into.



Armstrong Industrial Limited 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.

Armstrong Industrial Limited's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

Liabilities-to-Assets (A: Dec. 2012 )=Total Liabilities/Total Assets
=52.303/169.335
=0.31

Armstrong Industrial Limited's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 is calculated as

Liabilities-to-Assets (Q: Jun. 2013 )=Total Liabilities/Total Assets
=67.986/188.827
=0.36

* 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.


Armstrong Industrial Limited  (SGX:A14) 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.


Armstrong Industrial Limited Liabilities-to-Assets Related Terms

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Armstrong Industrial Limited (SGX:A14) Business Description

Traded in Other Exchanges
N/A
Address
Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

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