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Incitec Pivot (ASX:IPL) Liabilities-to-Assets : 0.39 (As of Sep. 2023)


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What is Incitec Pivot 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. Incitec Pivot's Total Liabilities for the quarter that ended in Sep. 2023 was A$4,119 Mil. Incitec Pivot's Total Assets for the quarter that ended in Sep. 2023 was A$10,545 Mil. Therefore, Incitec Pivot's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.39.


Incitec Pivot Liabilities-to-Assets Historical Data

The historical data trend for Incitec Pivot'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.

Incitec Pivot Liabilities-to-Assets Chart

Incitec Pivot 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 0.50 0.44 0.43 0.42 0.39

Incitec Pivot Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.43 0.40 0.42 0.39 0.39

Competitive Comparison of Incitec Pivot's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Incitec Pivot'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.


Incitec Pivot's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Incitec Pivot's Liabilities-to-Assets distribution charts can be found below:

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



Incitec Pivot 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.

Incitec Pivot'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
=4118.6/10545.3
=0.39

Incitec Pivot's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=4118.6/10545.3
=0.39

* 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.


Incitec Pivot  (ASX:IPL) 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.


Incitec Pivot Liabilities-to-Assets Related Terms

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Incitec Pivot (ASX:IPL) Business Description

Traded in Other Exchanges
Address
28 Freshwater Place, Level 8, Southbank, Melbourne, VIC, AUS, 3006
Incitec Pivot is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives contributes around 80% of EBIT. Incitec Pivot is also a major Australian fertilizer producer and distributor and is the only Australian manufacturer of ammonium phosphates and urea. Ammonium phosphates are sold in the domestic market and exported.

Incitec Pivot (ASX:IPL) Headlines

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