Skymark Airlines (TSE:9204) Liabilities-to-Assets : 0.74 (As of Dec. 2023)

Skymark Airlines Liabilities-to-Assets Chart

Skymark Airlines Annual Data
	Trend	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar21	Mar22	Mar23	Mar24
Liabilities-to-Assets		Get a 7-Day Free Trial					0.65	0.88	0.90	0.78	0.75

Skymark Airlines Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Liabilities-to-Assets	Get a 7-Day Free Trial															0.78	0.78	0.73	0.74	0.75

Competitive Comparison of Skymark Airlines's Liabilities-to-Assets

For the Airports & Air Services subindustry, Skymark Airlines'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.

Skymark Airlines's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Liabilities-to-Assets distribution charts can be found below:

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

Skymark Airlines 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.

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

Skymark Airlines's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Skymark Airlines  (TSE:9204) 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.

Skymark Airlines Liabilities-to-Assets Related Terms

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Skymark Airlines (TSE:9204) Business Description