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123Fahrschule SE (XTER:123F) Liabilities-to-Assets : 0.38 (As of Dec. 2023)


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What is 123Fahrschule SE 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. 123Fahrschule SE's Total Liabilities for the quarter that ended in Dec. 2023 was €9.89 Mil. 123Fahrschule SE's Total Assets for the quarter that ended in Dec. 2023 was €26.30 Mil. Therefore, 123Fahrschule SE's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.38.


123Fahrschule SE Liabilities-to-Assets Historical Data

The historical data trend for 123Fahrschule SE'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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123Fahrschule SE Liabilities-to-Assets Chart

123Fahrschule SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.33 0.12 0.32 0.38

123Fahrschule SE Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.12 0.24 0.32 0.37 0.38

Competitive Comparison of 123Fahrschule SE's Liabilities-to-Assets

For the Education & Training Services subindustry, 123Fahrschule SE'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.


123Fahrschule SE's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 123Fahrschule SE's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where 123Fahrschule SE's Liabilities-to-Assets falls into.



123Fahrschule SE 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.

123Fahrschule SE'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
=9.887/26.299
=0.38

123Fahrschule SE'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
=9.887/26.299
=0.38

* 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.


123Fahrschule SE  (XTER:123F) 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.


123Fahrschule SE Liabilities-to-Assets Related Terms

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123Fahrschule SE (XTER:123F) Business Description

Traded in Other Exchanges
Address
Klopstockstr. 1, Cologne, DEU, 50968
123Fahrschule SE is a digital driving school chain. It is specialized in the consolidation and digital expansion of the classic driving license training of the German driving school market. The company offers its learner drivers a digital, effective and intelligent application software for administration, e-learning and individual learning status control for driver's license training for all driver's license classes.
Executives
Herr Boris Polenske Board of Directors

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