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Aegean Airlines (Aegean Airlines) Liabilities-to-Assets : 0.85 (As of Jun. 2023)


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What is Aegean Airlines 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. Aegean Airlines's Total Liabilities for the quarter that ended in Jun. 2023 was $2,282 Mil. Aegean Airlines's Total Assets for the quarter that ended in Jun. 2023 was $2,676 Mil. Therefore, Aegean Airlines's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.85.


Aegean Airlines Liabilities-to-Assets Historical Data

The historical data trend for Aegean Airlines'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.

Aegean Airlines Liabilities-to-Assets Chart

Aegean Airlines Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.75 0.94 0.86 0.83

Aegean Airlines Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.95 0.86 0.87 0.83 0.85

Competitive Comparison of Aegean Airlines's Liabilities-to-Assets

For the Airlines subindustry, Aegean Airlines'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.


Aegean Airlines's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Liabilities-to-Assets distribution charts can be found below:

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



Aegean Airlines 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.

Aegean Airlines's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=1771.475/2140.227
=0.83

Aegean Airlines's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=2281.574/2675.642
=0.85

* 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.


Aegean Airlines  (OTCPK:AGZNF) 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.


Aegean Airlines Liabilities-to-Assets Related Terms

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Aegean Airlines (Aegean Airlines) Business Description

Traded in Other Exchanges
Address
Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.

Aegean Airlines (Aegean Airlines) Headlines

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