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Gulf Island Fabrication (Gulf Island Fabrication) Liabilities-to-Assets : 0.33 (As of Mar. 2024)


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What is Gulf Island Fabrication 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. Gulf Island Fabrication's Total Liabilities for the quarter that ended in Mar. 2024 was $42.3 Mil. Gulf Island Fabrication's Total Assets for the quarter that ended in Mar. 2024 was $127.8 Mil. Therefore, Gulf Island Fabrication's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.33.


Gulf Island Fabrication Liabilities-to-Assets Historical Data

The historical data trend for Gulf Island Fabrication'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.

Gulf Island Fabrication Liabilities-to-Assets Chart

Gulf Island Fabrication 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 0.40 0.47 0.23 0.24 0.39

Gulf Island Fabrication 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 0.31 0.24 0.41 0.39 0.33

Competitive Comparison of Gulf Island Fabrication's Liabilities-to-Assets

For the Metal Fabrication subindustry, Gulf Island Fabrication'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.


Gulf Island Fabrication's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gulf Island Fabrication's Liabilities-to-Assets falls into.



Gulf Island Fabrication 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.

Gulf Island Fabrication'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
=49.457/128.428
=0.39

Gulf Island Fabrication'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
=42.314/127.758
=0.33

* 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.


Gulf Island Fabrication  (NAS:GIFI) 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.


Gulf Island Fabrication Liabilities-to-Assets Related Terms

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Gulf Island Fabrication (Gulf Island Fabrication) Business Description

Traded in Other Exchanges
N/A
Address
2170 Buckthorne Place, Suite 420, The Woodlands, TX, USA, 77380
Gulf Island Fabrication Inc is a U.S.-based company that is a fabricator of complex steel structures and marine vessels. The company also provides installation, hook-up, commissioning, repair, and maintenance services with specialized crews. The company operates through segments namely Fabrication division fabricates structures such as offshore drilling and production platforms and other steel structures for customers in the oil and gas industries; the Shipyards division manufactures newly built and repairs various steel marine vessels in the United States; the Services division provides interconnect piping services on offshore platforms, welding, and inshore structures and also provides maintenance and industrial facilities.
Executives
Robert M Averick director, 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Jay Troger director 2170 BUCKTHORNE PLACE, SUITE 420, THE WOODLANDS TX 77380
William E Chiles director C/O ENSCO INTERNTIONAL INC, 1445 ROSS AVE, DALLAS TX 75202-2792
Murray W. Burns director 16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084
Matthew R Oubre other: SVP, Commercial 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
Richard W. Heo director, officer: President & CEO 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
C D Richard director
Michael A Flick director 2000 W SAM HOUSTON PARKWAY SOUTH, SUITE 1700, HOUSTON TX 77042
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
Thomas M. Smouse officer: VP, Chief Human Resources Offi 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
James L. Morvant other: SVP, Fabrication & Services 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084
Piton Capital Partners Llc 10 percent owner C/O NORTH BAY ASSOCIATES, 14000 QUAIL SPRINGS PARKWAY, SUITE 2200, OKLAHOMA CITY OK 73134
Gregory J Cotter director 583 THOMPSON RD, HOUMA LA 70363
Christian G Vaccari other: Executive VP of Subsidiary 1100 POYDAS ST, STE 2000, NEW ORLEAN LA 70163
Donald John Mackay other: Executive VP of Subsidiary 16225 PARK TEN PLACE, SUITE 300, HOUSTON TX 77084