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Quickstep Holdings (Quickstep Holdings) Liabilities-to-Assets : 0.81 (As of Dec. 2023)


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What is Quickstep 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. Quickstep Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was $42.70 Mil. Quickstep Holdings's Total Assets for the quarter that ended in Dec. 2023 was $53.02 Mil. Therefore, Quickstep Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.81.


Quickstep Holdings Liabilities-to-Assets Historical Data

The historical data trend for Quickstep 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.

Quickstep Holdings Liabilities-to-Assets Chart

Quickstep Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.68 0.68 0.72 0.78

Quickstep Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.72 0.76 0.78 0.81

Competitive Comparison of Quickstep Holdings's Liabilities-to-Assets

For the Aerospace & Defense subindustry, Quickstep 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.


Quickstep Holdings's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Quickstep Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Quickstep 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.

Quickstep Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=40.609/52.164
=0.78

Quickstep Holdings'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
=42.704/53.019
=0.81

* 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.


Quickstep Holdings  (OTCPK:QCKSF) 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.


Quickstep Holdings Liabilities-to-Assets Related Terms

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Quickstep Holdings (Quickstep Holdings) Business Description

Traded in Other Exchanges
Address
361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200
Quickstep Holdings Ltd is engaged in the manufacturing of carbon fiber composites for the aerospace, defense, automotive, and other manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Other.

Quickstep Holdings (Quickstep Holdings) Headlines

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