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Springfield Properties (LSE:SPR) Liabilities-to-Assets : 0.54 (As of Nov. 2023)


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What is Springfield Properties 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. Springfield Properties's Total Liabilities for the quarter that ended in Nov. 2023 was £176.0 Mil. Springfield Properties's Total Assets for the quarter that ended in Nov. 2023 was £327.3 Mil. Therefore, Springfield Properties's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 was 0.54.


Springfield Properties Liabilities-to-Assets Historical Data

The historical data trend for Springfield Properties'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.

Springfield Properties Liabilities-to-Assets Chart

Springfield Properties Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.51 0.52 0.47 0.50 0.54

Springfield Properties Semi-Annual Data
May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.62 0.50 0.59 0.54 0.54

Competitive Comparison of Springfield Properties's Liabilities-to-Assets

For the Residential Construction subindustry, Springfield Properties'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.


Springfield Properties's Liabilities-to-Assets Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Springfield Properties's Liabilities-to-Assets distribution charts can be found below:

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



Springfield Properties 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.

Springfield Properties's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Liabilities-to-Assets (A: May. 2023 )=Total Liabilities/Total Assets
=179.049/329.682
=0.54

Springfield Properties's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 is calculated as

Liabilities-to-Assets (Q: Nov. 2023 )=Total Liabilities/Total Assets
=176.027/327.272
=0.54

* 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.


Springfield Properties  (LSE:SPR) 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.


Springfield Properties Liabilities-to-Assets Related Terms

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Springfield Properties (LSE:SPR) Business Description

Traded in Other Exchanges
Address
8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR
Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group primarily focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. It has one segment that is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing and others.

Springfield Properties (LSE:SPR) Headlines