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Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) Liabilities-to-Assets : 0.60 (As of Dec. 2023)


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What is Desktop - Sigmanet Comunicacao Multimidia 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. Desktop - Sigmanet Comunicacao Multimidia's Total Liabilities for the quarter that ended in Dec. 2023 was R$1,964.8 Mil. Desktop - Sigmanet Comunicacao Multimidia's Total Assets for the quarter that ended in Dec. 2023 was R$3,258.9 Mil. Therefore, Desktop - Sigmanet Comunicacao Multimidia's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.60.


Desktop - Sigmanet Comunicacao Multimidia Liabilities-to-Assets Historical Data

The historical data trend for Desktop - Sigmanet Comunicacao Multimidia'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.

Desktop - Sigmanet Comunicacao Multimidia Liabilities-to-Assets Chart

Desktop - Sigmanet Comunicacao Multimidia Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.50 0.72 0.59 0.62 0.60

Desktop - Sigmanet Comunicacao Multimidia Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.62 0.58 0.56 0.56 0.60

Competitive Comparison of Desktop - Sigmanet Comunicacao Multimidia's Liabilities-to-Assets

For the Telecom Services subindustry, Desktop - Sigmanet Comunicacao Multimidia'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.


Desktop - Sigmanet Comunicacao Multimidia's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Desktop - Sigmanet Comunicacao Multimidia's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Desktop - Sigmanet Comunicacao Multimidia's Liabilities-to-Assets falls into.



Desktop - Sigmanet Comunicacao Multimidia 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.

Desktop - Sigmanet Comunicacao Multimidia'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
=1964.756/3258.89
=0.60

Desktop - Sigmanet Comunicacao Multimidia'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
=1964.756/3258.89
=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.


Desktop - Sigmanet Comunicacao Multimidia  (BSP:DESK3) 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.


Desktop - Sigmanet Comunicacao Multimidia Liabilities-to-Assets Related Terms

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Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) Business Description

Traded in Other Exchanges
N/A
Address
10a Andar, Jardim Marchissolo, Estrada Teodor Condiev, 970, Sumare, SP, BRA, 13171105
Desktop - Sigmanet Comunicacao Multimidia SA is a telecommunications company focused on Internet access, television, and telephone.

Desktop - Sigmanet Comunicacao Multimidia (BSP:DESK3) Headlines

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