GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FirstService Corp (STU:1GIA) » Definitions » Liabilities-to-Assets

FirstService (STU:1GIA) Liabilities-to-Assets : 0.62 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is FirstService 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. FirstService's Total Liabilities for the quarter that ended in Mar. 2024 was €2,075 Mil. FirstService's Total Assets for the quarter that ended in Mar. 2024 was €3,353 Mil. Therefore, FirstService's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.62.


FirstService Liabilities-to-Assets Historical Data

The historical data trend for FirstService'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.

FirstService Liabilities-to-Assets Chart

FirstService Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.61 0.59 0.59 0.63

FirstService Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.60 0.59 0.58 0.63 0.62

Competitive Comparison of FirstService's Liabilities-to-Assets

For the Real Estate Services subindustry, FirstService'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.


FirstService's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FirstService's Liabilities-to-Assets distribution charts can be found below:

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



FirstService 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.

FirstService'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
=2080.337/3324.806
=0.63

FirstService's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2075.372/3352.627
=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.


FirstService  (STU:1GIA) 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.


FirstService Liabilities-to-Assets Related Terms

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


FirstService (STU:1GIA) Business Description

Traded in Other Exchanges
Address
1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9
FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.

FirstService (STU:1GIA) Headlines

No Headlines