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. US Silica Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was $1,241 Mil. US Silica Holdings's Total Assets for the quarter that ended in Dec. 2023 was $2,097 Mil.
Therefore, US Silica Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.59.
US Silica Holdings Liabilities-to-Assets Historical Data
The historical data trend for US Silica Holdings'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.
Competitive Comparison of US Silica Holdings's Liabilities-to-Assets
For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.
US Silica Holdings's Liabilities-to-Assets Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, US Silica Holdings's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where US Silica Holdings's Liabilities-to-Assets falls into.
US Silica Holdings 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.
US Silica Holdings's Liabilities-to-Assets Ratio for the fiscal year 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.
US Silica Holdings (NYSE:SLCA) 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.
US Silica Holdings Liabilities-to-Assets Related Terms
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US Silica Holdings (US Silica Holdings) Business Description
US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.
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