Blue Label Telecoms (JSE:BLU) Liabilities-to-Assets : 0.67 (As of Nov. 2023)

Blue Label Telecoms Liabilities-to-Assets Chart

Blue Label Telecoms Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Liabilities-to-Assets		Get a 7-Day Free Trial					0.79	0.76	0.72	0.69	0.70

Blue Label Telecoms Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Liabilities-to-Assets	Get a 7-Day Free Trial															0.71	0.69	0.73	0.70	0.67

Competitive Comparison of Blue Label Telecoms's Liabilities-to-Assets

For the Telecom Services subindustry, Blue Label Telecoms'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.

Blue Label Telecoms's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Blue Label Telecoms's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Blue Label Telecoms's Liabilities-to-Assets falls into.

Blue Label Telecoms 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.

Blue Label Telecoms's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Blue Label Telecoms's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 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.

Blue Label Telecoms  (JSE:BLU) 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.

Blue Label Telecoms Liabilities-to-Assets Related Terms

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Blue Label Telecoms (JSE:BLU) Business Description