GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SFL Corp Ltd (NYSE:SFL) » Definitions » Liabilities-to-Assets

SFL (SFL) Liabilities-to-Assets : 0.72 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is SFL 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. SFL's Total Liabilities for the quarter that ended in Dec. 2023 was $2,692.0 Mil. SFL's Total Assets for the quarter that ended in Dec. 2023 was $3,731.4 Mil. Therefore, SFL's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.72.


SFL Liabilities-to-Assets Historical Data

The historical data trend for SFL'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.

SFL Liabilities-to-Assets Chart

SFL 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 0.72 0.74 0.72 0.72 0.72

SFL 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 0.72 0.72 0.72 0.72 0.72

Competitive Comparison of SFL's Liabilities-to-Assets

For the Marine Shipping subindustry, SFL'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.


SFL's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SFL's Liabilities-to-Assets distribution charts can be found below:

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



SFL 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.

SFL'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
=2691.992/3731.389
=0.72

SFL'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
=2691.992/3731.389
=0.72

* 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.


SFL  (NYSE:SFL) 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.


SFL Liabilities-to-Assets Related Terms

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


SFL (SFL) Business Description

Traded in Other Exchanges
Address
14 Par-la-Ville Road, Par-la-Ville Place, P.O. Box HM 1593, Hamilton, BMU, HM 08
SFL Corp Ltd is an international ship owning and chartering company. The company is engaged primarily in the ownership and operation of vessels and offshore related assets and is also involved in the charter, purchase, and sale of assets. Its oil tankers, chemical tankers, and oil product tankers are all double-hull vessels.

SFL (SFL) Headlines

From GuruFocus

SFL - Options awarded to employees and board members

By Marketwired Marketwired 05-14-2021

SFL - Third Quarter 2020 Results Presentation

By Marketwired Marketwired 11-12-2020

SFL - Invitation to Presentation of Q1 2022 Results

By GlobeNewswire GlobeNewswire 05-08-2022

SFL - Notice of Annual General Meeting 2020

By Marketwired Marketwired 07-08-2020

SFL - Update on Seadrill Restructuring

By Marketwired Marketwired 02-11-2021

SFL - Invitation to Presentation of Q2 2019 Results

By Marketwired Marketwired 08-14-2019

SFL - Change of name to SFL Corporation Ltd. approved

By Marketwired Marketwired 09-14-2019

SFL Stock Is Estimated To Be Possible Value Trap

By GF Value GF Value 04-24-2021