Phoslock Environmental Technologies (ASX:PET) Liabilities-to-Assets

: 0.31 (As of Jun. 2023)

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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. Phoslock Environmental Technologies's Total Liabilities for the quarter that ended in Jun. 2023 was A$4.24 Mil. Phoslock Environmental Technologies's Total Assets for the quarter that ended in Jun. 2023 was A$13.78 Mil. Therefore, Phoslock Environmental Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.31.

Phoslock Environmental Technologies Liabilities-to-Assets Historical Data

The historical data trend for Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Liabilities-to-Assets

0.21

0.23

0.15

0.19

Phoslock Environmental Technologies 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																0.13	0.15	0.12	0.19	0.31

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies Liabilities-to-Assets Distribution

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Liabilities-to-Assets distribution charts can be found below:

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

Phoslock Environmental Technologies 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.

Phoslock Environmental Technologies'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
	=	3.476	/	18.117
	=	0.19

Phoslock Environmental Technologies'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
	=	4.241	/	13.777
	=	0.31

Phoslock Environmental Technologies (ASX:PET) 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.

Phoslock Environmental Technologies Liabilities-to-Assets Related Terms

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Phoslock Environmental Technologies (ASX:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoslock Environmental Technologies Ltd (ASX:PET) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Chapel Street, Unit D, Level 2, Como Centre, South Yarra, VIC, AUS, 3141

Website

https://www.phoslock.com.au

Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company has several products to manage unhealthy water bodies and promote healthy aquatic environments. Its business includes the sale of Phoslock granules and application services and lake restoration consulting services. The geographical segments of the group are Australia/New Zealand, Europe/UK, US/Canada/Brazil and China.