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SofTech (SofTech) Liabilities-to-Assets : 0.49 (As of Nov. 2016)


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What is SofTech 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. SofTech's Total Liabilities for the quarter that ended in Nov. 2016 was $1.27 Mil. SofTech's Total Assets for the quarter that ended in Nov. 2016 was $2.58 Mil. Therefore, SofTech's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 was 0.49.


SofTech Liabilities-to-Assets Historical Data

The historical data trend for SofTech'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.

SofTech Liabilities-to-Assets Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.78 0.82 0.81 0.96

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 1.19 1.28 0.96 1.41 0.49

Competitive Comparison of SofTech's Liabilities-to-Assets

For the Software - Application subindustry, SofTech'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.


SofTech's Liabilities-to-Assets Distribution in the Software Industry

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

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



SofTech 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.

SofTech's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2016 is calculated as:

Liabilities-to-Assets (A: May. 2016 )=Total Liabilities/Total Assets
=2.995/3.115
=0.96

SofTech's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 is calculated as

Liabilities-to-Assets (Q: Nov. 2016 )=Total Liabilities/Total Assets
=1.274/2.58
=0.49

* 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.


SofTech  (OTCPK:SOFT) 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.


SofTech Liabilities-to-Assets Related Terms

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SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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