Cantel Medical (Cantel Medical) Liabilities-to-Assets : 0.60 (As of Apr. 2021)

Cantel Medical Liabilities-to-Assets Chart

Cantel Medical Annual Data
	Trend	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20
Liabilities-to-Assets		Get a 7-Day Free Trial					0.35	0.33	0.37	0.38	0.65

Cantel Medical Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Liabilities-to-Assets	Get a 7-Day Free Trial															0.64	0.65	0.63	0.62	0.60

Competitive Comparison of Cantel Medical's Liabilities-to-Assets

For the Medical Instruments & Supplies subindustry, Cantel Medical'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.

Cantel Medical's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cantel Medical's Liabilities-to-Assets distribution charts can be found below:

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

Cantel Medical 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.

Cantel Medical's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2020 is calculated as:

Cantel Medical's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2021 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.

Cantel Medical  (NYSE:CMD) 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.

Cantel Medical Liabilities-to-Assets Related Terms

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Cantel Medical (Cantel Medical) Business Description