GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ryman Healthcare Ltd (NZSE:RYM) » Definitions » Liabilities-to-Assets

Ryman Healthcare (NZSE:RYM) Liabilities-to-Assets : 0.66 (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Ryman Healthcare 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. Ryman Healthcare's Total Liabilities for the quarter that ended in Mar. 2024 was NZ$8,666.5 Mil. Ryman Healthcare's Total Assets for the quarter that ended in Mar. 2024 was NZ$13,084.1 Mil. Therefore, Ryman Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.66.


Ryman Healthcare Liabilities-to-Assets Historical Data

The historical data trend for Ryman Healthcare'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.

Ryman Healthcare Liabilities-to-Assets Chart

Ryman Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.69 0.69 0.63 0.66

Ryman Healthcare Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.69 0.70 0.63 0.63 0.66

Competitive Comparison of Ryman Healthcare's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Ryman Healthcare'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.


Ryman Healthcare's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ryman Healthcare's Liabilities-to-Assets distribution charts can be found below:

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



Ryman Healthcare 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.

Ryman Healthcare's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=8666.475/13084.082
=0.66

Ryman Healthcare's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=8666.475/13084.082
=0.66

* 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.


Ryman Healthcare  (NZSE:RYM) 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.


Ryman Healthcare Liabilities-to-Assets Related Terms

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


Ryman Healthcare (NZSE:RYM) Business Description

Traded in Other Exchanges
Address
92 Russley Road, P.O. Box 771, Airport Business Park, Christchurch, STL, NZL, 8042
Ryman Healthcare develops, owns, and operates retirement villages and aged-care facilities in New Zealand and Australia. Most of its villages offer a combination of independent and serviced units, alongside hospital, dementia, and rest-home care. Income is predominantly earned from aged care fees, retirement unit management fees, development margins on new units, and capital gains generated when residents vacate and Ryman resells existing units.

Ryman Healthcare (NZSE:RYM) Headlines

No Headlines