GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Liabilities-to-Assets

HESAY (Hermes International) Liabilities-to-Assets : 0.27 (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Hermes International 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. Hermes International's Total Liabilities for the quarter that ended in Jun. 2024 was $5,844 Mil. Hermes International's Total Assets for the quarter that ended in Jun. 2024 was $22,074 Mil. Therefore, Hermes International's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.27.


Hermes International Liabilities-to-Assets Historical Data

The historical data trend for Hermes International'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.

Hermes International Liabilities-to-Assets Chart

Hermes International 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 0.33 0.33 0.32 0.29 0.26

Hermes International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.32 0.29 0.27 0.26 0.27

Competitive Comparison of Hermes International's Liabilities-to-Assets

For the Luxury Goods subindustry, Hermes International'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.


Hermes International's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hermes International's Liabilities-to-Assets distribution charts can be found below:

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



Hermes International 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.

Hermes International'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
=5716.467/22297.71
=0.26

Hermes International's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=5843.918/22074.273
=0.26

* 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.


Hermes International  (OTCPK:HESAY) 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.


Hermes International Liabilities-to-Assets Related Terms

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


Hermes International Business Description

Address
24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around 40% of revenue; clothes and accessories (29% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally.

Hermes International Headlines

From GuruFocus

Hermes Deserves Its Premiums

By Mark Yu Mark Yu 02-27-2017

Century-Old Brands: Betting On Long-Lived Assets, Pt. 2

By Steven Chen Steven Chen 01-22-2020

The Case for Investing in Hermés

By Thomas MacPherson Thomas MacPherson 10-28-2014