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General de Alquiler de Maquinaria (XMAD:GAM) Liabilities-to-Assets : 0.80 (As of Jun. 2023)


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What is General de Alquiler de Maquinaria 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. General de Alquiler de Maquinaria's Total Liabilities for the quarter that ended in Jun. 2023 was €404.5 Mil. General de Alquiler de Maquinaria's Total Assets for the quarter that ended in Jun. 2023 was €504.8 Mil. Therefore, General de Alquiler de Maquinaria's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.80.


General de Alquiler de Maquinaria Liabilities-to-Assets Historical Data

The historical data trend for General de Alquiler de Maquinaria'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.

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General de Alquiler de Maquinaria Liabilities-to-Assets Chart

General de Alquiler de Maquinaria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.78 0.70 0.75 0.78

General de Alquiler de Maquinaria Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.73 0.75 0.78 0.78 0.80

Competitive Comparison of General de Alquiler de Maquinaria's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, General de Alquiler de Maquinaria'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.


General de Alquiler de Maquinaria's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, General de Alquiler de Maquinaria's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where General de Alquiler de Maquinaria's Liabilities-to-Assets falls into.



General de Alquiler de Maquinaria 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.

General de Alquiler de Maquinaria'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
=351.977/449.522
=0.78

General de Alquiler de Maquinaria'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
=404.464/504.759
=0.80

* 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.


General de Alquiler de Maquinaria  (XMAD:GAM) 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.


General de Alquiler de Maquinaria Liabilities-to-Assets Related Terms

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General de Alquiler de Maquinaria (XMAD:GAM) Business Description

Traded in Other Exchanges
Address
Carretera Nacional II/INTA s/n, San Fernando de Henares, Madrid, ESP
General de Alquiler de Maquinaria SA is a machinery rental company. The company's rental fleet includes compactors, compressors, dumpers, electric machinery, platforms, cranes, scaffolds and transport vehicles, as well as auxiliary equipment and machinery used in the infrastructure, agricultural, port, construction, industrial and energy sectors. In addition, the company is involved in the sale of second-hand equipment.