GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Liabilities-to-Assets

Ventia Services Group (ASX:VNT) Liabilities-to-Assets : 0.80 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Ventia Services Group 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. Ventia Services Group's Total Liabilities for the quarter that ended in Jun. 2024 was A$2,413 Mil. Ventia Services Group's Total Assets for the quarter that ended in Jun. 2024 was A$3,008 Mil. Therefore, Ventia Services Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.80.


Ventia Services Group Liabilities-to-Assets Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Liabilities-to-Assets Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.85 0.82 0.81

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial 0.83 0.82 0.82 0.81 0.80

Competitive Comparison of Ventia Services Group's Liabilities-to-Assets

For the Infrastructure Operations subindustry, Ventia Services Group'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.


Ventia Services Group's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Liabilities-to-Assets distribution charts can be found below:

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



Ventia Services Group 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.

Ventia Services Group'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
=2363.4/2933.6
=0.81

Ventia Services Group'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
=2412.9/3007.6
=0.80

* 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.


Ventia Services Group  (ASX:VNT) 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.


Ventia Services Group Liabilities-to-Assets Related Terms

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


Ventia Services Group Business Description

Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.