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Matrix Service Co (Matrix Service Co) Liabilities-to-Assets : 0.56 (As of Dec. 2023)


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What is Matrix Service Co 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. Matrix Service Co's Total Liabilities for the quarter that ended in Dec. 2023 was $225.9 Mil. Matrix Service Co's Total Assets for the quarter that ended in Dec. 2023 was $404.8 Mil. Therefore, Matrix Service Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.56.


Matrix Service Co Liabilities-to-Assets Historical Data

The historical data trend for Matrix Service Co'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.

Matrix Service Co Liabilities-to-Assets Chart

Matrix Service Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.41 0.39 0.48 0.55

Matrix Service Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.58 0.55 0.53 0.56

Competitive Comparison of Matrix Service Co's Liabilities-to-Assets

For the Engineering & Construction subindustry, Matrix Service Co'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.


Matrix Service Co's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Matrix Service Co's Liabilities-to-Assets distribution charts can be found below:

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



Matrix Service Co 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.

Matrix Service Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=219.02/400.504
=0.55

Matrix Service Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=225.924/404.834
=0.56

* 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.


Matrix Service Co  (NAS:MTRX) 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.


Matrix Service Co Liabilities-to-Assets Related Terms

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Matrix Service Co (Matrix Service Co) Business Description

Traded in Other Exchanges
Address
15 East, 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities and Storage and Terminal Solutions.
Executives
Justin D Sheets officer: Vice President, Legal & Risk 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
James Harry Miller director 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John R Hewitt officer: President & CEO 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Douglas J Montalbano officer: President, Matrix NAC 15 EAST 15TH STREET, SUITE 1100, TULSA OK 74103
Shawn P Payne officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Bustamante Jose Luis M. director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD., IRVING TX 75039
Kevin A Durkin officer: VP BUS DEVELOPMENT MSI 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John D Chandler director ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Kevin S Cavanah officer: VP - Accounting & Fin Report 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Carlin G. Conner director 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Nancy E Downs officer: Vice President/Human Resources 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Joseph F Montalbano officer: VP / Chief Operating Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Glyn A Rodgers officer: President, Matrix PDM Eng 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Alan R Updyke officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 500, TULSA OK 74135
Rick J Bennett officer: VP & Chief Information Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135

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