Direct Finance of Direct Group (2006) (XTAE:DIFI) Liabilities-to-Assets : 0.84 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Direct Finance of Direct Group (2006) 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. Direct Finance of Direct Group (2006)'s Total Liabilities for the quarter that ended in Mar. 2024 was ₪6,959 Mil. Direct Finance of Direct Group (2006)'s Total Assets for the quarter that ended in Mar. 2024 was ₪8,280 Mil. Therefore, Direct Finance of Direct Group (2006)'s Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.84.

Direct Finance of Direct Group (2006) Liabilities-to-Assets Historical Data

The historical data trend for Direct Finance of Direct Group (2006)'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.

Direct Finance of Direct Group (2006) Liabilities-to-Assets Chart

Direct Finance of Direct Group (2006) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

Get a 7-Day Free Trial

0.83

0.82

0.78

0.83

0.84

Direct Finance of Direct Group (2006) Quarterly Data
	Mar19	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															0.83	0.84	0.83	0.84	0.84

Competitive Comparison of Direct Finance of Direct Group (2006)'s Liabilities-to-Assets

For the Credit Services subindustry, Direct Finance of Direct Group (2006)'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.

Direct Finance of Direct Group (2006)'s Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Direct Finance of Direct Group (2006)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Direct Finance of Direct Group (2006)'s Liabilities-to-Assets falls into.

Direct Finance of Direct Group (2006) 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.

Direct Finance of Direct Group (2006)'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
	=	6561.195	/	7830.235
	=	0.84

Direct Finance of Direct Group (2006)'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
	=	6958.92	/	8280.413
	=	0.84

Direct Finance of Direct Group (2006) (XTAE:DIFI) 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.

Direct Finance of Direct Group (2006) Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Direct Finance of Direct Group (2006)'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Direct Finance of Direct Group (2006) (XTAE:DIFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Direct Finance of Direct Group (2006) Ltd (XTAE:DIFI) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Efal 35, Kiryat Arieh, Apple 35, Petah Tikva, ISR, 4951132

Website

Direct Finance of Direct Group (2006) Ltd provides credit facilities for vehicle purchase and other purposes.

Direct Finance of Direct Group (2006) (XTAE:DIFI) Headlines

No Headlines