GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Liabilities-to-Assets

Securitas AB (Securitas AB) Liabilities-to-Assets : 0.69 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Securitas AB 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. Securitas AB's Total Liabilities for the quarter that ended in Dec. 2023 was $7,769 Mil. Securitas AB's Total Assets for the quarter that ended in Dec. 2023 was $11,347 Mil. Therefore, Securitas AB's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.69.


Securitas AB Liabilities-to-Assets Historical Data

The historical data trend for Securitas AB'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.

Securitas AB Liabilities-to-Assets Chart

Securitas AB 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 0.69 0.70 0.67 0.69 0.69

Securitas AB 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 0.69 0.68 0.69 0.69 0.69

Competitive Comparison of Securitas AB's Liabilities-to-Assets

For the Security & Protection Services subindustry, Securitas AB'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.


Securitas AB's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Liabilities-to-Assets distribution charts can be found below:

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



Securitas AB 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.

Securitas AB'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
=7769.264/11346.904
=0.68

Securitas AB'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
=7769.264/11346.904
=0.68

* 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.


Securitas AB  (OTCPK:SCTBF) 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.


Securitas AB Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Securitas AB's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Securitas AB (Securitas AB) Business Description

Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.

Securitas AB (Securitas AB) Headlines