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Poseidon Concepts (Poseidon Concepts) Liabilities-to-Assets : 0.47 (As of Sep. 2012)


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What is Poseidon Concepts 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. Poseidon Concepts's Total Liabilities for the quarter that ended in Sep. 2012 was $96.4 Mil. Poseidon Concepts's Total Assets for the quarter that ended in Sep. 2012 was $206.3 Mil. Therefore, Poseidon Concepts's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2012 was 0.47.


Poseidon Concepts Liabilities-to-Assets Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Liabilities-to-Assets Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Liabilities-to-Assets
Get a 7-Day Free Trial 0.26 0.37 0.29 0.33 0.82

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.36 0.82 0.25 0.38 0.47

Competitive Comparison of Poseidon Concepts's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.


Poseidon Concepts's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Poseidon Concepts's Liabilities-to-Assets distribution charts can be found below:

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



Poseidon Concepts 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.

Poseidon Concepts's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Liabilities-to-Assets (A: Dec. 2011 )=Total Liabilities/Total Assets
=82.224/100.522
=0.82

Poseidon Concepts's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2012 is calculated as

Liabilities-to-Assets (Q: Sep. 2012 )=Total Liabilities/Total Assets
=96.377/206.257
=0.47

* 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.


Poseidon Concepts  (GREY:POOSF) 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.


Poseidon Concepts Liabilities-to-Assets Related Terms

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Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

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