GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Loar Holdings Inc (NYSE:LOAR) » Definitions » Liabilities-to-Assets

Loar Holdings (Loar Holdings) Liabilities-to-Assets : 0.60 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Loar Holdings 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. Loar Holdings's Total Liabilities for the quarter that ended in Mar. 2024 was $633.32 Mil. Loar Holdings's Total Assets for the quarter that ended in Mar. 2024 was $1,053.96 Mil. Therefore, Loar Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.60.


Loar Holdings Liabilities-to-Assets Historical Data

The historical data trend for Loar Holdings'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.

Loar Holdings Liabilities-to-Assets Chart

Loar Holdings Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.58 0.60

Loar Holdings Quarterly Data
Dec22 Mar23 Dec23 Mar24
Liabilities-to-Assets 0.58 - 0.60 0.60

Competitive Comparison of Loar Holdings's Liabilities-to-Assets

For the Aerospace & Defense subindustry, Loar Holdings'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.


Loar Holdings's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

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

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



Loar Holdings 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.

Loar Holdings'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
=632.304/1050.445
=0.60

Loar Holdings'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
=633.315/1053.96
=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.


Loar Holdings  (NYSE:LOAR) 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.


Loar Holdings Liabilities-to-Assets Related Terms

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


Loar Holdings (Loar Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
20 New King Street, White Plains, New York, NY, USA, 10604
Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings (Loar Holdings) Headlines

From GuruFocus