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Isfelag hfs (OISE:ISF) Liabilities-to-Assets : 0.31 (As of Dec. 2023)


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What is Isfelag hfs 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. Isfelag hfs's Total Liabilities for the quarter that ended in Dec. 2023 was kr34,582 Mil. Isfelag hfs's Total Assets for the quarter that ended in Dec. 2023 was kr111,169 Mil. Therefore, Isfelag hfs's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.31.


Isfelag hfs Liabilities-to-Assets Historical Data

The historical data trend for Isfelag hfs'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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Isfelag hfs Liabilities-to-Assets Chart

Isfelag hfs Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.49 0.42 0.32 0.31

Isfelag hfs Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Liabilities-to-Assets 0.49 0.42 0.32 0.38 0.31

Competitive Comparison of Isfelag hfs's Liabilities-to-Assets

For the Packaged Foods subindustry, Isfelag hfs'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.


Isfelag hfs's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Isfelag hfs's Liabilities-to-Assets distribution charts can be found below:

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



Isfelag hfs 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.

Isfelag hfs'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
=34582.193/111169.232
=0.31

Isfelag hfs'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
=34582.193/111169.232
=0.31

* 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.


Isfelag hfs  (OISE:ISF) 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.


Isfelag hfs Liabilities-to-Assets Related Terms

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Isfelag hfs (OISE:ISF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Tangagata 1, Vestmannaeyjar, ISL, 900
Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

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