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Brompton Lifeco Split (TSX:LCS.PR.A.PFD) Liabilities-to-Assets : 0.60 (As of Dec. 2023)


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What is Brompton Lifeco Split 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. Brompton Lifeco Split's Total Liabilities for the quarter that ended in Dec. 2023 was C$83.16 Mil. Brompton Lifeco Split's Total Assets for the quarter that ended in Dec. 2023 was C$138.86 Mil. Therefore, Brompton Lifeco Split's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.60.


Brompton Lifeco Split Liabilities-to-Assets Historical Data

The historical data trend for Brompton Lifeco Split'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.

Brompton Lifeco Split Liabilities-to-Assets Chart

Brompton Lifeco Split Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.71 0.62 0.68 0.60

Brompton Lifeco Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.62 0.74 0.68 0.63 0.60

Competitive Comparison of Brompton Lifeco Split's Liabilities-to-Assets

For the Asset Management subindustry, Brompton Lifeco Split'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.


Brompton Lifeco Split's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brompton Lifeco Split's Liabilities-to-Assets distribution charts can be found below:

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



Brompton Lifeco Split 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.

Brompton Lifeco Split's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=83.159/138.86
=0.60

Brompton Lifeco Split'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
=83.159/138.86
=0.60

* 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.


Brompton Lifeco Split  (TSX:LCS.PR.A.PFD) 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.


Brompton Lifeco Split Liabilities-to-Assets Related Terms

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Brompton Lifeco Split (TSX:LCS.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of major publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted to be $0.075 per share and the opportunity for growth in Net Asset Value per share.

Brompton Lifeco Split (TSX:LCS.PR.A.PFD) Headlines

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