SLHPF.PFD (Skylight Health Group) Liabilities-to-Assets : 0.63 (As of Jun. 2022)

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SLHPF.PFD Skylight Health Group Inc SLHPF.PFD
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What is Skylight Health Group Liabilities-to-Assets?

Skylight Health Group SLHPF.PFD 12 Liabilities-to-Assets is 0.63 as of Jun. 2022. GuruFocus rates SLHPF.PFD with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

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. Skylight Health Group's Total Liabilities for the quarter that ended in Jun. 2022 was $35.30 Mil. Skylight Health Group's Total Assets for the quarter that ended in Jun. 2022 was $56.41 Mil. Therefore, Skylight Health Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 was 0.63.


Skylight Health Group  (OTCPK:SLHPF.PFD) 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.


Skylight Health Group Liabilities-to-Assets Related Terms


Skylight Health Group Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Skylight Health 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.

Skylight Health Group Liabilities-to-Assets Chart

Skylight Health Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
1.41 0.85 0.12 0.41

Skylight Health Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.41 0.46 0.41 0.44 0.63

SLHPF.PFD vs HCA: Liabilities-to-Assets Comparison

For the Medical Care Facilities subindustry, Skylight Health 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.


Skylight Health Group Liabilities-to-Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Skylight Health Group's Liabilities-to-Assets distribution charts can be found below:

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


SLHPF.PFD
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Skylight Health Group Inc SLHPF.PFD
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Skylight Health 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.

Skylight Health Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=20.969/51.13
=0.41

Skylight Health Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 is calculated as

Liabilities-to-Assets (Q: Jun. 2022 )=Total Liabilities/Total Assets
=35.296/56.407
=0.63

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.63 mean?
Skylight Health Group (SLHPF.PFD) has a Liabilities-to-Assets of 0.63 as of Jun. 2022. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Skylight Health Group and its competitors.
Is Skylight Health Group's Liabilities-to-Assets too high?
Skylight Health Group's current Liabilities-to-Assets is 0.63. Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Liabilities-to-Assets compare to HCA?
Skylight Health Group's Liabilities-to-Assets of 0.63 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Healthcare Providers & Services company?
A good Liabilities-to-Assets depends on the Healthcare Providers & Services industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Skylight Health Group and its competitors. Skylight Health Group's current Liabilities-to-Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHPF.PFD) has a current Liabilities-to-Assets of 0.63. The current Liabilities-to-Assets is 0.63. Skylight Health Group's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Skylight Health Group (SLHPF.PFD), the current Liabilities-to-Assets is 0.63 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.
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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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