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Doric Nimrod Air Two (LSE:DNA2) Liabilities-to-Assets : 0.24 (As of Sep. 2023)


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What is Doric Nimrod Air Two 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. Doric Nimrod Air Two's Total Liabilities for the quarter that ended in Sep. 2023 was £69.2 Mil. Doric Nimrod Air Two's Total Assets for the quarter that ended in Sep. 2023 was £283.5 Mil. Therefore, Doric Nimrod Air Two's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.24.


Doric Nimrod Air Two Liabilities-to-Assets Historical Data

The historical data trend for Doric Nimrod Air Two'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.

Doric Nimrod Air Two Liabilities-to-Assets Chart

Doric Nimrod Air Two Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.61 0.59 0.55 0.36

Doric Nimrod Air Two Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.56 0.55 0.48 0.36 0.24

Competitive Comparison of Doric Nimrod Air Two's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, Doric Nimrod Air Two'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.


Doric Nimrod Air Two's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Doric Nimrod Air Two's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Doric Nimrod Air Two's Liabilities-to-Assets falls into.



Doric Nimrod Air Two 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.

Doric Nimrod Air Two's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=111.905/310.656
=0.36

Doric Nimrod Air Two's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=69.157/283.543
=0.24

* 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.


Doric Nimrod Air Two  (LSE:DNA2) 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.


Doric Nimrod Air Two Liabilities-to-Assets Related Terms

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Doric Nimrod Air Two (LSE:DNA2) Business Description

Traded in Other Exchanges
N/A
Address
Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 2HT
Doric Nimrod Air Two Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The company has seven Airbus A380-861 aircraft all of which are on long-term leases with Emirates Airlines. The Group is engaged in a single segment of business, acquiring, leasing and then selling of Aircraft.

Doric Nimrod Air Two (LSE:DNA2) Headlines

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