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Societatea Energetica Electrica (BSE:EL) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Societatea Energetica Electrica 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. Societatea Energetica Electrica's Total Liabilities for the quarter that ended in Dec. 2023 was lei7,412 Mil. Societatea Energetica Electrica's Total Assets for the quarter that ended in Dec. 2023 was lei12,772 Mil. Therefore, Societatea Energetica Electrica's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Societatea Energetica Electrica Liabilities-to-Assets Historical Data

The historical data trend for Societatea Energetica Electrica'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.

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Societatea Energetica Electrica Liabilities-to-Assets Chart

Societatea Energetica Electrica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.29 0.37 0.57 0.58

Societatea Energetica Electrica 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 0.56 0.57 0.54 0.58

Competitive Comparison of Societatea Energetica Electrica's Liabilities-to-Assets

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.


Societatea Energetica Electrica's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Liabilities-to-Assets falls into.



Societatea Energetica Electrica 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.

Societatea Energetica Electrica's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=7411.933/12771.897
=0.58

Societatea Energetica Electrica'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
=7411.933/12771.897
=0.58

* 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.


Societatea Energetica Electrica  (BSE:EL) 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.


Societatea Energetica Electrica Liabilities-to-Assets Related Terms

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Societatea Energetica Electrica (BSE:EL) Business Description

Traded in Other Exchanges
Address
No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621
Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.

Societatea Energetica Electrica (BSE:EL) Headlines