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CirTran (CirTran) Liabilities-to-Assets : 12.87 (As of Mar. 2024)


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What is CirTran 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. CirTran's Total Liabilities for the quarter that ended in Mar. 2024 was $24.18 Mil. CirTran's Total Assets for the quarter that ended in Mar. 2024 was $1.88 Mil. Therefore, CirTran's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 12.87.


CirTran Liabilities-to-Assets Historical Data

The historical data trend for CirTran'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.

CirTran Liabilities-to-Assets Chart

CirTran Annual Data
Trend Dec11 Dec12 Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.95 32.04 28.73 22.04 12.78

CirTran Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 24.00 24.03 21.39 12.78 12.87

Competitive Comparison of CirTran's Liabilities-to-Assets

For the Conglomerates subindustry, CirTran'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.


CirTran's Liabilities-to-Assets Distribution in the Conglomerates Industry

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

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



CirTran 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.

CirTran'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
=23.627/1.849
=12.78

CirTran's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=24.176/1.879
=12.87

* 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.


CirTran  (OTCPK:CIRX) 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.


CirTran Liabilities-to-Assets Related Terms

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CirTran (CirTran) Business Description

Traded in Other Exchanges
N/A
Address
6360 S Pecos Road, Suite 8, Las Vegas, NV, USA, 89120
CirTran Corp offers diversified expertise in manufacturing, marketing, distribution, and technology services in a wide variety of consumer products, including tobacco products, and medical devices. The company operates under the brand name-HUSTLER and it sells products like condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages etc.
Executives
Shaher Hawatmeh officer: Chief Operating Officer 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
David Harmon officer: CHIEF FINANCIAL OFFICER 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Donald L Buehner director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Trevor Saliba director, officer: Chief Marketing Officer 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Fadi Nora director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Iehab J Hawatmeh director, officer: President & CEO 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Raed Hawatmeh director 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128
Richard T Ferrone officer: CFO 4125 SOUTH 6000 WEST, WEST VALLEY CITY UT 84128

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