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Lifecare ASA (OSL:LIFE) Liabilities-to-Assets : 0.23 (As of Dec. 2023)


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What is Lifecare ASA 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. Lifecare ASA's Total Liabilities for the quarter that ended in Dec. 2023 was kr19.94 Mil. Lifecare ASA's Total Assets for the quarter that ended in Dec. 2023 was kr86.39 Mil. Therefore, Lifecare ASA's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.23.


Lifecare ASA Liabilities-to-Assets Historical Data

The historical data trend for Lifecare ASA'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.

Lifecare ASA Liabilities-to-Assets Chart

Lifecare ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.10 0.09 0.25 0.25 0.23

Lifecare ASA Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.25 0.44 0.25 0.23 0.23

Competitive Comparison of Lifecare ASA's Liabilities-to-Assets

For the Medical Devices subindustry, Lifecare ASA'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.


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

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

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



Lifecare ASA 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.

Lifecare ASA'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
=19.935/86.39
=0.23

Lifecare ASA'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
=19.935/86.39
=0.23

* 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.


Lifecare ASA  (OSL:LIFE) 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.


Lifecare ASA Liabilities-to-Assets Related Terms

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Lifecare ASA (OSL:LIFE) Business Description

Traded in Other Exchanges
Address
Ytrebygdsvegen 215, Blomsterdalen, Bergen, NOR, 5258
Lifecare AS is engaged in the research and development of medical sensors for health monitoring. The company is engaged in the development, testing, and introduction of the first long-term implantable microsensor to give persons with diabetes a modern tool for the monitoring of glucose levels. It develops Sencell, a long-term implantable microsensor to give persons with diabetes a tool for monitoring of glucose levels.

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