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Armac Locacao Logistica e Servicos (BSP:ARML3) Liabilities-to-Assets : 0.73 (As of Mar. 2024)


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What is Armac Locacao Logistica e Servicos 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. Armac Locacao Logistica e Servicos's Total Liabilities for the quarter that ended in Mar. 2024 was R$3,450 Mil. Armac Locacao Logistica e Servicos's Total Assets for the quarter that ended in Mar. 2024 was R$4,720 Mil. Therefore, Armac Locacao Logistica e Servicos's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.73.


Armac Locacao Logistica e Servicos Liabilities-to-Assets Historical Data

The historical data trend for Armac Locacao Logistica e Servicos'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.

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Armac Locacao Logistica e Servicos Liabilities-to-Assets Chart

Armac Locacao Logistica e Servicos Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.80 0.80 0.66 0.69 0.69

Armac Locacao Logistica e Servicos Quarterly Data
Dec18 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.69 0.69 0.69 0.73

Competitive Comparison of Armac Locacao Logistica e Servicos's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, Armac Locacao Logistica e Servicos'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.


Armac Locacao Logistica e Servicos's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Armac Locacao Logistica e Servicos's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Armac Locacao Logistica e Servicos's Liabilities-to-Assets falls into.



Armac Locacao Logistica e Servicos 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.

Armac Locacao Logistica e Servicos'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
=2752.785/3982.727
=0.69

Armac Locacao Logistica e Servicos's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=3449.509/4720.351
=0.73

* 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.


Armac Locacao Logistica e Servicos  (BSP:ARML3) 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.


Armac Locacao Logistica e Servicos Liabilities-to-Assets Related Terms

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Armac Locacao Logistica e Servicos (BSP:ARML3) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Marcos Penteado de Ulhoa Rodrigues, 939, Jatoba Building, 7th Floor, Tambore, Barueri, SP, BRA, 06460
Armac Locacao Logistica e Servicos SA is engaged in offering machinery and equipment on a rental basis. Some of its equipment includes pavers, telescopic handlers, Compaction rollers, Motor graders, crawler tractors, excavators, and Loaders among others.

Armac Locacao Logistica e Servicos (BSP:ARML3) Headlines

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