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. The Aarons Co's Total Liabilities for the quarter that ended in Mar. 2024 was $1,115 Mil. The Aarons Co's Total Assets for the quarter that ended in Mar. 2024 was $1,786 Mil.
Therefore, The Aarons Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.62.
The Aarons Co Liabilities-to-Assets Historical Data
The historical data trend for The Aarons Co'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 The Aarons Co's Liabilities-to-Assets
For the Rental & Leasing Services subindustry, The Aarons Co'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.
The Aarons Co's Liabilities-to-Assets Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, The Aarons Co's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where The Aarons Co's Liabilities-to-Assets falls into.
The Aarons Co 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.
The Aarons Co'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.
The Aarons Co (NYSE:AAN) 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.
The Aarons Co Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of The Aarons Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
The Aarons Co (The Aarons Co) Business Description
The Aarons Co Inc is a specialty retailer which has developed a unique lease-to-own model. It serves the customers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and other accessories at the best deal with the highest quality products. Aaron's services are available through multiple channels to approximately 40-50 % of the U.S. population. The Company conducts its operations through two primary operating business segments: Aaron's Business and BrandsMart.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AAN has been successfully added to your 