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Ebix (EBIXQ) Liabilities-to-Assets : 0.58 (As of Sep. 2023)


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What is Ebix 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. Ebix's Total Liabilities for the quarter that ended in Sep. 2023 was $910.4 Mil. Ebix's Total Assets for the quarter that ended in Sep. 2023 was $1,562.0 Mil. Therefore, Ebix's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.58.


Ebix Liabilities-to-Assets Historical Data

The historical data trend for Ebix'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.

Ebix Liabilities-to-Assets Chart

Ebix 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 0.66 0.62 0.58 0.56 0.57

Ebix Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.56 0.57 0.56 0.56 0.58

Competitive Comparison of Ebix's Liabilities-to-Assets

For the Software - Application subindustry, Ebix'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.


Ebix's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Ebix's Liabilities-to-Assets distribution charts can be found below:

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



Ebix 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.

Ebix'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
=878.115/1537.555
=0.57

Ebix's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=910.447/1561.991
=0.58

* 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.


Ebix  (OTCPK:EBIXQ) 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.


Ebix Liabilities-to-Assets Related Terms

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


Ebix (EBIXQ) Business Description

Industry
Traded in Other Exchanges
Address
1 Ebix Way, Johns Creek, GA, USA, 30097
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.
Executives
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Jill M Krueger director
Priyanka Kaul director 1 EBIX WAY, JOHNS CREEK GA 30097
Senge James Scott Sr officer: Senior Vice President 1629 SEEGAR ROAD, PITTSBURGH PA 15241
Neil D Eckert director 62 BISHOPSGATE, LONDON X0 EC2N 4AW
Steven M Hamil officer: Chief Financial Officer 1 EBIX WAY, JOHNS CREEK GA 30097
Robin Raina director, officer: Chairman & CEO 5 CONCOURSE PARKWAY S 3200, ATLANTA GA 30328
Pavan Bhalla director 1109 BRECKENRIDGE LANE, ALPHARETTA GA 30005
Hans Ueli Keller director BOHLSTRASSE 25, 6300, ZUG V8 6300
Rolf Herter director STOCKERSTRASSE 38, ZURICH V8 CH-8002
Hans U Benz director AGERISTRASSE 24, ZUG V8 CH-6300
George Hebard director C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Robert F Kerris officer: Chief Financial Officer 2840 TALIMORE COURT, MARIETTA GA 30066
Fondation Rennes 10 percent owner RATIKONSTRASSE 13, VADUZ, PRINCIPALITY OF LIECHTENSTEIN N2 FL-9490
D'apice Leon Royden Thomas officer: See Remarks 1 URALBA PLACE, WAHROONGA NSW C3 2076