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SIFCO Industries (SIFCO Industries) Liabilities-to-Assets : 0.72 (As of Mar. 2024)


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What is SIFCO Industries 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. SIFCO Industries's Total Liabilities for the quarter that ended in Mar. 2024 was $74.53 Mil. SIFCO Industries's Total Assets for the quarter that ended in Mar. 2024 was $104.19 Mil. Therefore, SIFCO Industries's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.72.


SIFCO Industries Liabilities-to-Assets Historical Data

The historical data trend for SIFCO Industries'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.

SIFCO Industries Liabilities-to-Assets Chart

SIFCO Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.63 0.55 0.58 0.64

SIFCO Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.61 0.63 0.63 0.64 0.72

Competitive Comparison of SIFCO Industries's Liabilities-to-Assets

For the Aerospace & Defense subindustry, SIFCO Industries'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.


SIFCO Industries's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SIFCO Industries's Liabilities-to-Assets distribution charts can be found below:

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



SIFCO Industries 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.

SIFCO Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=61.658/95.993
=0.64

SIFCO Industries'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
=74.532/104.188
=0.72

* 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.


SIFCO Industries  (AMEX:SIF) 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.


SIFCO Industries Liabilities-to-Assets Related Terms

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SIFCO Industries (SIFCO Industries) Business Description

Traded in Other Exchanges
Address
970 East 64th Street, Cleveland, OH, USA, 44103
SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.
Executives
Wells Norman E Jr. director PO BOX 609, AURORA OH 44202
Alayne L Reitman director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Peter William Knapper director, officer: President & CEO 5924 MEDALLION DRIVE, WESTERVILLE OH 43082
Molten Donald C Jr. director 970 EAST 64TH STREET, CLEVELAND OH 44103
Mark J Silk director, 10 percent owner 4946 AZUSA CANYON ROAD, IRWINDALE CA 91706
Hudson Smith director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Thomas Robert Kubera officer: Corporate Controller 1327 SPRUCEDALE ROAD, BROADVIEW HEIGHTS OH 44147
Jeffrey P Gotschall director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Salvatore Incanno officer: VP of Finance & CFO 970 E. 64TH ST, CLEVELAND OH 44103
John Sr Chapman director 970 EAST 64TH STREET, CLEVELAND OH 44103
Dennis Paul Hido officer: Corporate Controller 21 EMERALD COURT, CANFIELD OH 44406
Catherine Marie Kramer officer: Vice President-Finance & CFO 14388 CASTLEREAGH LANE, STRONSVILLE OH 44136
Frank N Nichols director 8646 CARDINAL DRIVE, KIRTLAND OH 44094
Frank A Cappello officer: Vice President Finance and CFO SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Miller P Charles Jr director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103

SIFCO Industries (SIFCO Industries) Headlines