GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CPI Aerostructures Inc (AMEX:CVU) » Definitions » Liabilities-to-Assets

CPI Aerostructures (CPI Aerostructures) Liabilities-to-Assets : 0.68 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is CPI Aerostructures 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. CPI Aerostructures's Total Liabilities for the quarter that ended in Mar. 2024 was $48.22 Mil. CPI Aerostructures's Total Assets for the quarter that ended in Mar. 2024 was $70.76 Mil. Therefore, CPI Aerostructures's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.68.


CPI Aerostructures Liabilities-to-Assets Historical Data

The historical data trend for CPI Aerostructures'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.

CPI Aerostructures Liabilities-to-Assets Chart

CPI Aerostructures 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 1.23 1.28 1.10 0.93 0.70

CPI Aerostructures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only 0.91 0.89 0.88 0.70 0.68

Competitive Comparison of CPI Aerostructures's Liabilities-to-Assets

For the Aerospace & Defense subindustry, CPI Aerostructures'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.


CPI Aerostructures's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CPI Aerostructures's Liabilities-to-Assets distribution charts can be found below:

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



CPI Aerostructures 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.

CPI Aerostructures'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
=52.278/74.36
=0.70

CPI Aerostructures'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
=48.224/70.756
=0.68

* 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.


CPI Aerostructures  (AMEX:CVU) 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.


CPI Aerostructures Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of CPI Aerostructures's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


CPI Aerostructures (CPI Aerostructures) Business Description

Traded in Other Exchanges
N/A
Address
91 Heartland Boulevard, Edgewood, NY, USA, 11717
CPI Aerostructures Inc is engaged in the manufacturing of structural aircraft parts for fixed-wing aircraft and helicopters in both the commercial and defense markets in the United States. It also provides engineering, program management, supply chain management and kitting, and Maintenance Repair and Overhaul (MRO) services. CPI also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. CPI Aero supplies the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, and the S-92 helicopter among others.
Executives
Pamela Levesque director 91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717
Richard C Rosenjack director C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Paul Packer 10 percent owner C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Richard S Caswell director C/O CPI AEROSTRUCTURES, INC., 91 HEARTLAND BOULEVARD, EDGEWOOD NY 11717
Terry Dean Stinson director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Dorith Hakim director, officer: CEO and President C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE - 11TH FLOOR, NEW YORK NY 10174
Bond E Carey director 3210 CYPRESS MARSH DRIVE, FORT MYERS FL 33905
Michael Faber director 701 PENNSYLVANIA AVENUE NW, SUITE 900, WASHINGTON DC DC 20004
Walter Paulick director 30 TERRY PL, RIVERHEAD NY 11901
Eric Rosenfeld director 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Andrew L Davis officer: Chief Financial Officer C/O EMERSON RADIO CORP., 3 UNIVERSITY PLAZA, SUITE 405, HACKENSACK NJ 07601
Thomas E Powers officer: Acting Chief Financial Officer C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Dan Azmon officer: Chief Financial Officer 600 THIRD AVENUE, NEW YORK NY 10016
Janet Katherine Cooper director 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

CPI Aerostructures (CPI Aerostructures) Headlines

From GuruFocus

CPI Aero Receives NYSE American Delisting Determination Notification

By GuruFocusNews GuruFocusNews 06-30-2022

CPI Aero Receives NYSE American Delisting Determination Notification

By GuruFocusNews GuruFocusNews 06-10-2022

CPI Aero Receives NYSE American Delisting Determination Notification

By GuruFocusNews GuruFocusNews 07-10-2022