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Polska Grupa Energetyczna (WAR:PGE) Liabilities-to-Assets : 0.59 (As of Mar. 2024)


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What is Polska Grupa Energetyczna 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. Polska Grupa Energetyczna's Total Liabilities for the quarter that ended in Mar. 2024 was zł71,136 Mil. Polska Grupa Energetyczna's Total Assets for the quarter that ended in Mar. 2024 was zł120,469 Mil. Therefore, Polska Grupa Energetyczna's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.59.


Polska Grupa Energetyczna Liabilities-to-Assets Historical Data

The historical data trend for Polska Grupa Energetyczna'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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Polska Grupa Energetyczna Liabilities-to-Assets Chart

Polska Grupa Energetyczna Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.47 0.46 0.49 0.58

Polska Grupa Energetyczna Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.50 0.50 0.58 0.59

Competitive Comparison of Polska Grupa Energetyczna's Liabilities-to-Assets

For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna'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.


Polska Grupa Energetyczna's Liabilities-to-Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Polska Grupa Energetyczna's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Polska Grupa Energetyczna's Liabilities-to-Assets falls into.



Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna'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
=65588/113443
=0.58

Polska Grupa Energetyczna's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=71136/120469
=0.59

* 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.


Polska Grupa Energetyczna  (WAR:PGE) 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.


Polska Grupa Energetyczna Liabilities-to-Assets Related Terms

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Polska Grupa Energetyczna (WAR:PGE) Business Description

Traded in Other Exchanges
Address
Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

Polska Grupa Energetyczna (WAR:PGE) Headlines

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