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Safestay (LSE:SSTY) Liabilities-to-Assets : 0.70 (As of Jun. 2023)


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What is Safestay 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. Safestay's Total Liabilities for the quarter that ended in Jun. 2023 was £63.38 Mil. Safestay's Total Assets for the quarter that ended in Jun. 2023 was £90.41 Mil. Therefore, Safestay's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.70.


Safestay Liabilities-to-Assets Historical Data

The historical data trend for Safestay'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.

Safestay Liabilities-to-Assets Chart

Safestay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.60 0.66 0.76 0.68 0.68

Safestay Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.70 0.68 0.69 0.68 0.70

Competitive Comparison of Safestay's Liabilities-to-Assets

For the Lodging subindustry, Safestay'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.


Safestay's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Safestay's Liabilities-to-Assets distribution charts can be found below:

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



Safestay 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.

Safestay's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=62.733/92.49
=0.68

Safestay's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=63.383/90.411
=0.70

* 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.


Safestay  (LSE:SSTY) 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.


Safestay Liabilities-to-Assets Related Terms

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Safestay (LSE:SSTY) Business Description

Traded in Other Exchanges
N/A
Address
1a Kingsley Way, London, GBR, N2 0FW
Safestay PLC owns and operates a luxurious hostel group in the United Kingdom. It operates backpacker tourist hostels under the Safestay brand. Its property portfolio includes Safestay London Elephant and Castle, Pisa, Glassglow and York among others providing four, six, eight, twelve bunk bedded dorms with en-suite facilities, as well as single, twin, double, and family bunk rooms with tea/coffee making facilities and televisions. Its segments are Hostel accommodation, Food and Beverages sales, Rental Income and Other income. Geographically, it has operations in the UK and Europe and generates a vast majority of its revenue from the UK.

Safestay (LSE:SSTY) Headlines

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