GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Liabilities-to-Assets

Multi Ways Holdings (Multi Ways Holdings) Liabilities-to-Assets : 0.74 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Multi Ways Holdings 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. Multi Ways Holdings's Total Liabilities for the quarter that ended in Jun. 2023 was $46.93 Mil. Multi Ways Holdings's Total Assets for the quarter that ended in Jun. 2023 was $63.70 Mil. Therefore, Multi Ways Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.74.


Multi Ways Holdings Liabilities-to-Assets Historical Data

The historical data trend for Multi Ways Holdings'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.

Multi Ways Holdings Liabilities-to-Assets Chart

Multi Ways Holdings Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
0.70 0.90 0.88

Multi Ways Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.90 0.87 0.88 0.74

Competitive Comparison of Multi Ways Holdings's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.


Multi Ways Holdings's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Multi Ways Holdings's Liabilities-to-Assets falls into.



Multi Ways Holdings 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.

Multi Ways Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=46.474/52.786
=0.88

Multi Ways Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=46.929/63.702
=0.74

* 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.


Multi Ways Holdings  (AMEX:MWG) 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.


Multi Ways Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Multi Ways Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Multi Ways Holdings (Multi Ways Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3E Gul Circle, Singapore, SGP, 629633
Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.

Multi Ways Holdings (Multi Ways Holdings) Headlines