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Carpenter Technology (Carpenter Technology) Liabilities-to-Assets : 0.53 (As of Dec. 2023)


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What is Carpenter Technology 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. Carpenter Technology's Total Liabilities for the quarter that ended in Dec. 2023 was $1,685 Mil. Carpenter Technology's Total Assets for the quarter that ended in Dec. 2023 was $3,159 Mil. Therefore, Carpenter Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.53.


Carpenter Technology Liabilities-to-Assets Historical Data

The historical data trend for Carpenter Technology'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.

Carpenter Technology Liabilities-to-Assets Chart

Carpenter Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.55 0.53 0.55 0.54

Carpenter Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.57 0.57 0.54 0.54 0.53

Competitive Comparison of Carpenter Technology's Liabilities-to-Assets

For the Metal Fabrication subindustry, Carpenter Technology'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.


Carpenter Technology's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Liabilities-to-Assets distribution charts can be found below:

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



Carpenter Technology 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.

Carpenter Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=1657.8/3053.9
=0.54

Carpenter Technology'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
=1685.4/3159.2
=0.53

* 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.


Carpenter Technology  (NYSE:CRS) 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.


Carpenter Technology Liabilities-to-Assets Related Terms

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Carpenter Technology (Carpenter Technology) Business Description

Traded in Other Exchanges
Address
1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's segment includes Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's major premium alloy and stainless steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama.
Executives
Mclane Charles Douglas Jr director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Steven E Karol director C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
Marshall D Akins officer: VP & Chief Commercial Officer CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Brian J Malloy officer: VP - Chief Commercial Officer C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Pritchett Colleen director C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
Elizabeth A Socci officer: VP, Controller & Chf Acctg Off C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Kathy Hopinkah Hannan director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Ramin Younessi director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
David Graf officer: VP and Group President - SAO C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Timothy Lain officer: VP-Controller, Chf Acctg Ofcr C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
James D Dee officer: VP, Gen Counsel & Secretary TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Tony R Thene officer: Sr VP and CFO ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Robert R Mcmaster director 907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Gregory A Pratt director 7500 GREENWAY CENTER DRIVE, SUITE 1600, 7500 GREENWAY CENTER DRIVE, SUITE 1600, GREENBELT MD 20770

Carpenter Technology (Carpenter Technology) Headlines

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