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RocketFuel Blockchain (RocketFuel Blockchain) Liabilities-to-Assets : 1.42 (As of Jun. 2023)


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What is RocketFuel Blockchain 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. RocketFuel Blockchain's Total Liabilities for the quarter that ended in Jun. 2023 was $1.09 Mil. RocketFuel Blockchain's Total Assets for the quarter that ended in Jun. 2023 was $0.77 Mil. Therefore, RocketFuel Blockchain's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 1.42.


RocketFuel Blockchain Liabilities-to-Assets Historical Data

The historical data trend for RocketFuel Blockchain'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.

RocketFuel Blockchain Liabilities-to-Assets Chart

RocketFuel Blockchain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.11 8.75 0.23 0.17 0.86

RocketFuel Blockchain Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.34 0.41 0.59 0.86 1.42

Competitive Comparison of RocketFuel Blockchain's Liabilities-to-Assets

For the Software - Infrastructure subindustry, RocketFuel Blockchain'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.


RocketFuel Blockchain's Liabilities-to-Assets Distribution in the Software Industry

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

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



RocketFuel Blockchain 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.

RocketFuel Blockchain's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=1.04/1.216
=0.86

RocketFuel Blockchain's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=1.089/0.768
=1.42

* 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.


RocketFuel Blockchain  (OTCPK:RKFL) 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.


RocketFuel Blockchain Liabilities-to-Assets Related Terms

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RocketFuel Blockchain (RocketFuel Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105
RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.
Executives
Peter Michael Jensen director, officer: CEO 45 BULKLEY AVE #3, SAUSALITO CA 94965
Gert Funk director, 10 percent owner, officer: Chief Executive Officer C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Bennett J. Yankowitz director, 10 percent owner, officer: President P.O. BOX 5778, BEVERLY HILLS CA 90024
Rohan Hall officer: CTO 29 CANOE, IRVINE CA 92618
Henrik Rouf 10 percent owner 468 N. CAMDEN DR., SUITE 350, BEVERLY HILLS CA 90210
Joseph E Page director, 10 percent owner, officer: Chief Technical Officer C/O B4MC GOLD MINES, INC., 3651 LINDELL ROAD, LAS VEGAS NV 89103
Carsten Jensen 10 percent owner RUNGSTEDVEJ 127, RUNGSTED G7 2960
Saxton Capital Ltd. 10 percent owner RUNGSTEDVEJ 127, RUNGSTED G7 2960
Henrik Oerbekker 10 percent owner 94, RUE DES AUBEPINES, L-1145, LUXEMBOURG N4 2449
Erik Hamann Petersen 10 percent owner C/O ULRIK LARSEN, STENVAENGET 16, HEDEHUSENE G7 DK-2640