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Bright Solar (NSE:BRIGHT) Liabilities-to-Assets : 0.30 (As of Sep. 2022)


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What is Bright Solar 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. Bright Solar's Total Liabilities for the quarter that ended in Sep. 2022 was ₹130.9 Mil. Bright Solar's Total Assets for the quarter that ended in Sep. 2022 was ₹441.6 Mil. Therefore, Bright Solar's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 0.30.


Bright Solar Liabilities-to-Assets Historical Data

The historical data trend for Bright Solar'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.

Bright Solar Liabilities-to-Assets Chart

Bright Solar Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.25 0.28 0.24 0.25

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 0.22 0.24 0.26 0.25 0.30

Competitive Comparison of Bright Solar's Liabilities-to-Assets

For the Solar subindustry, Bright Solar'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.


Bright Solar's Liabilities-to-Assets Distribution in the Semiconductors Industry

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

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



Bright Solar 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.

Bright Solar's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Liabilities-to-Assets (A: Mar. 2022 )=Total Liabilities/Total Assets
=101.296/409.024
=0.25

Bright Solar's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=130.935/441.619
=0.30

* 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.


Bright Solar  (NSE:BRIGHT) 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.


Bright Solar Liabilities-to-Assets Related Terms

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Bright Solar (NSE:BRIGHT) Business Description

Traded in Other Exchanges
N/A
Address
Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059
Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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