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Carriage Services (Carriage Services) Liabilities-to-Assets : 0.86 (As of Dec. 2023)


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What is Carriage Services 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. Carriage Services's Total Liabilities for the quarter that ended in Dec. 2023 was $1,095.0 Mil. Carriage Services's Total Assets for the quarter that ended in Dec. 2023 was $1,268.1 Mil. Therefore, Carriage Services's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.86.


Carriage Services Liabilities-to-Assets Historical Data

The historical data trend for Carriage Services'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.

Carriage Services Liabilities-to-Assets Chart

Carriage Services 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 0.80 0.79 0.89 0.89 0.86

Carriage Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.89 0.88 0.87 0.87 0.86

Competitive Comparison of Carriage Services's Liabilities-to-Assets

For the Personal Services subindustry, Carriage Services'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.


Carriage Services's Liabilities-to-Assets Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Carriage Services's Liabilities-to-Assets distribution charts can be found below:

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



Carriage Services 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.

Carriage Services'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
=1094.992/1268.052
=0.86

Carriage Services'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
=1094.992/1268.052
=0.86

* 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.


Carriage Services  (NYSE:CSV) 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.


Carriage Services Liabilities-to-Assets Related Terms

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Carriage Services (Carriage Services) Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056
Carriage Services Inc is a leading provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
Executives
Julie Sanders director 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 300, HOUSTON TX 77056
Somer Webb director C/O SOLO BRANDS, INC., 1001 MUSTANG DRIVE, GRAPEVILLE TX 76051
Charles Fargason director 11510 QUAIL HOLLOW LANE, HOUSTON TX 77024
Melvin C Payne director, officer: CEO 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Paul Donald Elliott other: Regional Partner 5219 LAURELWOOD, KINGWOOD TX 77345
Shane Pudenz officer: VP of Sales and Marketing 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Lance Kian Granmayeh officer: EVP, CFO and Treasurer 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Adeola Olaniyan other: Principal Accounting Officer 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Steven D Metzger other: Senior VP and General Counsel 6332 SCHILLER STREET, HOUSTON TX 77055
Carlos R. Quezada officer: VP of Cemetery Sales/Marketing 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Carl Benjamin Brink officer: Principal Financial Officer 28634 PLEASANT FOREST DRIVE, KATY TX 77056
Robbie Pape other: Sr. VP & Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Peggy Schappaugh officer: VP of Operations & Acquistions 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Shawn R Phillips other: Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056