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Pingify International (Pingify International) Liabilities-to-Assets : 31.00 (As of Jan. 2014)


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What is Pingify 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. Pingify International's Total Liabilities for the quarter that ended in Jan. 2014 was $0.06 Mil. Pingify International's Total Assets for the quarter that ended in Jan. 2014 was $0.00 Mil.


Pingify International Liabilities-to-Assets Historical Data

The historical data trend for Pingify 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.

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Pingify International Liabilities-to-Assets Chart

Pingify International Annual Data
Trend Jan12 Jan13 Jan14
Liabilities-to-Assets
0.04 0.51 31.00

Pingify International Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14
Liabilities-to-Assets Get a 7-Day Free Trial 0.51 1.02 2.25 - 31.00

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

For the Software - Application subindustry, Pingify 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.


Pingify International's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Pingify International's Liabilities-to-Assets distribution charts can be found below:

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



Pingify 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.

Pingify International's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2014 is calculated as:

Liabilities-to-Assets (A: Jan. 2014 )=Total Liabilities/Total Assets
=0.062/0.002
=31.00

Pingify International's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2014 is calculated as

Liabilities-to-Assets (Q: Jan. 2014 )=Total Liabilities/Total Assets
=0.062/0.002
=N/A

* 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.


Pingify International  (GREY:PGFY) 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.


Pingify International Liabilities-to-Assets Related Terms

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Pingify International (Pingify International) Business Description

Traded in Other Exchanges
N/A
Address
10060 Jasper Avenue, Scotia Place, Tower 1, Suite 2020, Edmonton, CAN, T5J 1V9
Pingify International Inc is a development stage. The company is a software technology start-up engaged in the development of computer software solutions. It develops a communication system that allows the user to control the flow of information from any website by requesting only useful and relevant data. The activities are carried out through the region of Canada.

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