GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Palingeo SpA (MIL:PAL) » Definitions » Liabilities-to-Assets

Palingeo SpA (MIL:PAL) Liabilities-to-Assets : 0.68 (As of Jun. 2023)


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

What is Palingeo SpA 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. Palingeo SpA's Total Liabilities for the quarter that ended in Jun. 2023 was €41.88 Mil. Palingeo SpA's Total Assets for the quarter that ended in Jun. 2023 was €61.30 Mil. Therefore, Palingeo SpA's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.68.


Palingeo SpA Liabilities-to-Assets Historical Data

The historical data trend for Palingeo SpA'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.

Palingeo SpA Liabilities-to-Assets Chart

Palingeo SpA Annual Data
Trend Dec21 Dec22
Liabilities-to-Assets
0.66 0.70

Palingeo SpA Quarterly Data
Dec21 Dec22 Jun23
Liabilities-to-Assets 0.66 0.70 0.68

Competitive Comparison of Palingeo SpA's Liabilities-to-Assets

For the Engineering & Construction subindustry, Palingeo SpA'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.


Palingeo SpA's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Palingeo SpA's Liabilities-to-Assets distribution charts can be found below:

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



Palingeo SpA 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.

Palingeo SpA'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
=40.219/57.724
=0.70

Palingeo SpA'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
=41.877/61.3
=0.68

* 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.


Palingeo SpA  (MIL:PAL) 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.


Palingeo SpA Liabilities-to-Assets Related Terms

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


Palingeo SpA (MIL:PAL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Palingeo SpA is an engineering and construction company. Its projects includes construction or modernization of railway lines, motorway networks, bridges, tunnels, roads, schools, hospitals, hydraulic system projects, wind farms or solar plants, collection and regulation of water/hydroelectric plants, etc.

Palingeo SpA (MIL:PAL) Headlines

From GuruFocus