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. PPG Industries's Total Liabilities for the quarter that ended in Mar. 2024 was $13,741 Mil. PPG Industries's Total Assets for the quarter that ended in Mar. 2024 was $21,867 Mil.
Therefore, PPG Industries's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.63.
PPG Industries Liabilities-to-Assets Historical Data
The historical data trend for PPG Industries'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.
Competitive Comparison of PPG Industries's Liabilities-to-Assets
For the Specialty Chemicals subindustry, PPG Industries'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.
PPG Industries's Liabilities-to-Assets Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, PPG Industries's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where PPG Industries's Liabilities-to-Assets falls into.
PPG Industries 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.
PPG Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
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.
PPG Industries Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of PPG Industries's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
PPG Industries (PPG Industries) Business Description
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PPG has been successfully added to your 