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Inspiration Healthcare Group (LSE:IHC) Liabilities-to-Assets : 0.34 (As of Jul. 2023)


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What is Inspiration Healthcare Group 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. Inspiration Healthcare Group's Total Liabilities for the quarter that ended in Jul. 2023 was £17.92 Mil. Inspiration Healthcare Group's Total Assets for the quarter that ended in Jul. 2023 was £53.15 Mil. Therefore, Inspiration Healthcare Group's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2023 was 0.34.


Inspiration Healthcare Group Liabilities-to-Assets Historical Data

The historical data trend for Inspiration Healthcare Group'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.

Inspiration Healthcare Group Liabilities-to-Assets Chart

Inspiration Healthcare Group Annual Data
Trend Dec14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.36 0.25 0.29 0.35

Inspiration Healthcare Group Semi-Annual Data
Dec13 Jun14 Dec14 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 0.23 0.29 0.32 0.35 0.34

Competitive Comparison of Inspiration Healthcare Group's Liabilities-to-Assets

For the Medical Devices subindustry, Inspiration Healthcare Group'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.


Inspiration Healthcare Group's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Inspiration Healthcare Group's Liabilities-to-Assets falls into.



Inspiration Healthcare Group 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.

Inspiration Healthcare Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2023 is calculated as:

Liabilities-to-Assets (A: Jan. 2023 )=Total Liabilities/Total Assets
=19.42/54.894
=0.35

Inspiration Healthcare Group's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2023 is calculated as

Liabilities-to-Assets (Q: Jul. 2023 )=Total Liabilities/Total Assets
=17.92/53.147
=0.34

* 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.


Inspiration Healthcare Group  (LSE:IHC) 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.


Inspiration Healthcare Group Liabilities-to-Assets Related Terms

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Inspiration Healthcare Group (LSE:IHC) Business Description

Traded in Other Exchanges
N/A
Address
Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL
Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.

Inspiration Healthcare Group (LSE:IHC) Headlines

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