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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. Ultrapar Participacoes's Total Liabilities for the quarter that ended in Mar. 2026 was $6,063 Mil. Ultrapar Participacoes's Total Assets for the quarter that ended in Mar. 2026 was $9,602 Mil.
Therefore, Ultrapar Participacoes's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.63.
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.
Ultrapar Participacoes Liabilities-to-Assets Related Terms
Ultrapar Participacoes Liabilities-to-Assets Historical Data
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The historical data trend for Ultrapar Participacoes'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.
UGP vs MPC, VLO, PSX: Liabilities-to-Assets Comparison
For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.
Ultrapar Participacoes Liabilities-to-Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Ultrapar Participacoes's Liabilities-to-Assets falls into.
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.
Ultrapar Participacoes's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* 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.
Ultrapar Participacoes (UGP) has a Liabilities-to-Assets of 0.63 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Ultrapar Participacoes and its competitors.
Is Ultrapar Participacoes' Liabilities-to-Assets too high?
Ultrapar Participacoes' current Liabilities-to-Assets is 0.63. Overall, Ultrapar Participacoes has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Liabilities-to-Assets compare to MPC and VLO?
Ultrapar Participacoes' Liabilities-to-Assets of 0.63 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas 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 Ultrapar Participacoes and its competitors. Ultrapar Participacoes'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 Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.43, compared to a current price of $6.01 — trading 35.7% above its estimated fair value. The current Liabilities-to-Assets is 0.63. Ultrapar Participacoes' overall GF Score™ is 71/100 with 5 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 Ultrapar Participacoes (UGP), the current Liabilities-to-Assets is 0.63 as of Mar. 2026. 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.
Is Ultrapar Participacoes (UGP) Overvalued in 2026?
Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued.
The current stock price of $6.01 is trading 35.7% above its estimated GF Value™ of $4.43.
GuruFocus considers Ultrapar Participacoes to be Significantly Overvalued.
Key valuation signals for UGP:
Liabilities-to-Assets: 0.63
GF Value™: $4.43 vs. price of $6.01 (35.7% above fair value)
No single metric tells the full story. See the UGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
71GF Score
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