IPSCO Tubulars (IPSCO Tubulars) Liabilities-to-Assets : 0.40 (As of Sep. 2017)

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What is IPSCO Tubulars 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. IPSCO Tubulars's Total Liabilities for the quarter that ended in Sep. 2017 was $341.2 Mil. IPSCO Tubulars's Total Assets for the quarter that ended in Sep. 2017 was $847.4 Mil. Therefore, IPSCO Tubulars's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2017 was 0.40.

IPSCO Tubulars Liabilities-to-Assets Historical Data

The historical data trend for IPSCO Tubulars'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.

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IPSCO Tubulars Liabilities-to-Assets Chart

IPSCO Tubulars Annual Data

Trend

Dec15

Dec16

Liabilities-to-Assets

0.57

0.76

IPSCO Tubulars Quarterly Data
	Dec15	Dec16	Sep17
Liabilities-to-Assets	0.57	0.76	0.40

Competitive Comparison of IPSCO Tubulars's Liabilities-to-Assets

For the subindustry, IPSCO Tubulars'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.

IPSCO Tubulars's Liabilities-to-Assets Distribution in the Industry

For the industry and sector, IPSCO Tubulars's Liabilities-to-Assets distribution charts can be found below:

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

IPSCO Tubulars 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.

IPSCO Tubulars's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Liabilities-to-Assets (A: Dec. 2016 )	=	Total Liabilities	/	Total Assets
	=	575.542	/	757.998
	=	0.76

IPSCO Tubulars's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2017 is calculated as

Liabilities-to-Assets (Q: Sep. 2017 )	=	Total Liabilities	/	Total Assets
	=	341.189	/	847.421
	=	0.40

IPSCO Tubulars (NYSE:IPSC) 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.

IPSCO Tubulars Liabilities-to-Assets Related Terms

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IPSCO Tubulars (IPSCO Tubulars) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » IPSCO Tubulars Inc (NYSE:IPSC) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ipsco.com

IPSCO Tubulars Inc produces and supplies seamless and welded oil country tubular goods (OCTG) with a suite of connections to North American oil and gas exploration and production companies. The company's product portfolio comprises of seamless and welded line, standard and industrial pipes as well as line pipes and mechanical tubing. The firm's products are used in various applications such as machine building, power generation, automobile production, agricultural, commercial construction and automotive industries. Geographically the company receives maximum revenue from the United States.