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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. United Parks & Resorts's Total Liabilities for the quarter that ended in Dec. 2023 was $2,833 Mil. United Parks & Resorts's Total Assets for the quarter that ended in Dec. 2023 was $2,625 Mil. Therefore, United Parks & Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.08.
The historical data trend for United Parks & Resorts'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.
United Parks & Resorts Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Liabilities-to-Assets | Get a 7-Day Free Trial | 0.91 | 1.04 | 1.01 | 1.19 | 1.08 |
United Parks & Resorts Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Liabilities-to-Assets | Get a 7-Day Free Trial | 1.19 | 1.19 | 1.15 | 1.10 | 1.08 |
For the Leisure subindustry, United Parks & Resorts'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.
For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where United Parks & Resorts's Liabilities-to-Assets falls into.
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.
United Parks & Resorts's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Liabilities-to-Assets (A: Dec. 2023 ) | = | Total Liabilities | / | Total Assets |
= | 2833.262 | / | 2625.046 | |
= | 1.08 |
United Parks & Resorts's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as
Liabilities-to-Assets (Q: Dec. 2023 ) | = | Total Liabilities | / | Total Assets |
= | 2833.262 | / | 2625.046 | |
= | 1.08 |
* 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.
United Parks & Resorts (NYSE:PRKS) 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.
Thank you for viewing the detailed overview of United Parks & Resorts's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Kyle Robert Miller | officer: See Remarks | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Shekufeh Boyle | officer: Chief Accounting Officer | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Swanson Marc | officer: Chief Accounting Officer | C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821 |
George Anthony Taylor | officer: See Remarks | C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819 |
William Gray | director | 355 MAPLE AVENUE, HARLEYSVILLE PA 19438 |
Byron Surrett | officer: See Remarks | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Christopher Dold | officer: Chief Zoological Officer | C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819 |
Forrester James W Jr | officer: See Remarks | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Christopher L. Finazzo | officer: Chief Commercial Officer | C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821 |
Michelle F Adams | officer: See Remarks | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
James Clark Hughes | officer: Chief Human Resources Officer | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Daniel C Mayer | officer: See Remarks | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Timothy Hartnett | director | 6240 SEA HARBOR DRIVE, ORLANDO FL 32821 |
Elizabeth Gulacsy | officer: Chief Accounting Officer | C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819 |
Sharon P Nadeau | officer: Chief Human Resources Officer | 6240 SEA HARBOR DR, ORLANDO FL 32821 |
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