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Alliance Aviation Services (ASX:AQZ) Liabilities-to-Assets : 0.56 (As of Dec. 2023)


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What is Alliance Aviation Services 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. Alliance Aviation Services's Total Liabilities for the quarter that ended in Dec. 2023 was A$483.6 Mil. Alliance Aviation Services's Total Assets for the quarter that ended in Dec. 2023 was A$859.9 Mil. Therefore, Alliance Aviation Services's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.56.


Alliance Aviation Services Liabilities-to-Assets Historical Data

The historical data trend for Alliance Aviation Services'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.

Alliance Aviation Services Liabilities-to-Assets Chart

Alliance Aviation Services 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 0.44 0.35 0.47 0.53 0.55

Alliance Aviation Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.50 0.53 0.55 0.55 0.56

Competitive Comparison of Alliance Aviation Services's Liabilities-to-Assets

For the Airports & Air Services subindustry, Alliance Aviation Services'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.


Alliance Aviation Services's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alliance Aviation Services's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Alliance Aviation Services's Liabilities-to-Assets falls into.



Alliance Aviation Services 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.

Alliance Aviation Services'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
=430.011/779.778
=0.55

Alliance Aviation Services'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
=483.608/859.889
=0.56

* 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.


Alliance Aviation Services  (ASX:AQZ) 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.


Alliance Aviation Services Liabilities-to-Assets Related Terms

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Alliance Aviation Services (ASX:AQZ) Business Description

Traded in Other Exchanges
N/A
Address
81 Pandanus Avenue, P.O. Box 1126, Brisbane Airport, Brisbane, QLD, AUS, 4009
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services. It serves the mining, energy, tourism, and government sectors. The company also provides specialized aviation services to other airlines and clients including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing, and engineering services. It derives maximum revenue from Contract services.

Alliance Aviation Services (ASX:AQZ) Headlines

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