GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Liabilities-to-Assets

Axios Mobile Assets (Axios Mobile Assets) Liabilities-to-Assets : 0.64 (As of Sep. 2016)


View and export this data going back to 2014. Start your Free Trial

What is Axios Mobile Assets 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. Axios Mobile Assets's Total Liabilities for the quarter that ended in Sep. 2016 was $11.15 Mil. Axios Mobile Assets's Total Assets for the quarter that ended in Sep. 2016 was $17.44 Mil. Therefore, Axios Mobile Assets's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 was 0.64.


Axios Mobile Assets Liabilities-to-Assets Historical Data

The historical data trend for Axios Mobile Assets'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.

Axios Mobile Assets Liabilities-to-Assets Chart

Axios Mobile Assets Annual Data
Trend Sep08 Sep09 Sep10 Dec11 Dec12 Dec13 Dec14 Dec15
Liabilities-to-Assets
Get a 7-Day Free Trial 0.04 0.25 0.43 0.81 0.29

Axios Mobile Assets Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.50 0.29 0.33 0.44 0.64

Competitive Comparison of Axios Mobile Assets's Liabilities-to-Assets

For the Communication Equipment subindustry, Axios Mobile Assets'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.


Axios Mobile Assets's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Liabilities-to-Assets distribution charts can be found below:

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



Axios Mobile Assets 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.

Axios Mobile Assets's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Liabilities-to-Assets (A: Dec. 2015 )=Total Liabilities/Total Assets
=5.439/18.926
=0.29

Axios Mobile Assets's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 is calculated as

Liabilities-to-Assets (Q: Sep. 2016 )=Total Liabilities/Total Assets
=11.148/17.443
=0.64

* 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.


Axios Mobile Assets  (OTCPK:AXBSF) 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.


Axios Mobile Assets Liabilities-to-Assets Related Terms

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


Axios Mobile Assets (Axios Mobile Assets) Business Description

Traded in Other Exchanges
N/A
Address
30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8
Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

No Headlines