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The United Basalt Products (XMAU:UBP) Liabilities-to-Assets : 0.45 (As of Mar. 2024)


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What is The United Basalt Products 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. The United Basalt Products's Total Liabilities for the quarter that ended in Mar. 2024 was MUR3,454 Mil. The United Basalt Products's Total Assets for the quarter that ended in Mar. 2024 was MUR7,750 Mil. Therefore, The United Basalt Products's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.45.


The United Basalt Products Liabilities-to-Assets Historical Data

The historical data trend for The United Basalt Products'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.

The United Basalt Products Liabilities-to-Assets Chart

The United Basalt Products Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.41 0.36 0.46 0.45

The United Basalt Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 0.49 0.45 0.44 0.43 0.45

Competitive Comparison of The United Basalt Products's Liabilities-to-Assets

For the Building Materials subindustry, The United Basalt Products'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.


The United Basalt Products's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, The United Basalt Products's Liabilities-to-Assets distribution charts can be found below:

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



The United Basalt Products 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.

The United Basalt Products's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=3451.94/7713.571
=0.45

The United Basalt Products'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
=3453.848/7749.981
=0.45

* 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.


The United Basalt Products  (XMAU:UBP) 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.


The United Basalt Products Liabilities-to-Assets Related Terms

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The United Basalt Products (XMAU:UBP) Business Description

Traded in Other Exchanges
N/A
Address
Trianon, Quatre-Bornes, MUS
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components including paving-blocks and roof tiles, imported floor and wall tiles, sanitary ware and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The group's business segments consist of core business activities, Building Material and agriculture. Geographically, majority of its activity is performed in Mauritius.

The United Basalt Products (XMAU:UBP) Headlines

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