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Leoni AG (WBO:LEO) Liabilities-to-Assets : 1.14 (As of Dec. 2022)


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What is Leoni AG 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. Leoni AG's Total Liabilities for the quarter that ended in Dec. 2022 was €3,040 Mil. Leoni AG's Total Assets for the quarter that ended in Dec. 2022 was €2,662 Mil. Therefore, Leoni AG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 1.14.


Leoni AG Liabilities-to-Assets Historical Data

The historical data trend for Leoni AG'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.

Leoni AG Liabilities-to-Assets Chart

Leoni AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.82 0.92 0.93 1.14

Leoni AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.93 0.91 0.92 0.95 1.14

Competitive Comparison of Leoni AG's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Leoni AG'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.


Leoni AG's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leoni AG's Liabilities-to-Assets distribution charts can be found below:

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



Leoni AG 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.

Leoni AG's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=3039.592/2661.635
=1.14

Leoni AG's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=3039.592/2661.635
=1.14

* 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.


Leoni AG  (WBO:LEO) 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.


Leoni AG Liabilities-to-Assets Related Terms

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Leoni AG (WBO:LEO) Business Description

Traded in Other Exchanges
N/A
Address
Marienstrasse 7, Nuremberg, DEU, D-90402
Leoni AG is a manufacturer of wiring systems used in the automotive, healthcare, communications, and infrastructure industries. The company operates two business segments: wiring systems and wire & cable solutions, which offer entire wiring systems and harnesses, as well as various copper, hybrid, and optical cables and fibers. Its customers include carmakers, automotive suppliers, commercial vehicle manufacturers, the agricultural and special vehicles industry, and makers of power sports vehicles. Leoni generates the largest share of its revenue in Europe, with a focus on Germany and Eastern Europe. The company also has end markets in the Americas and Asia.

Leoni AG (WBO:LEO) Headlines

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