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Frequency Exchange (TSXV:FREQ) Liabilities-to-Assets : 1.37 (As of Sep. 2023)


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What is Frequency Exchange 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. Frequency Exchange's Total Liabilities for the quarter that ended in Sep. 2023 was C$0.81 Mil. Frequency Exchange's Total Assets for the quarter that ended in Sep. 2023 was C$0.59 Mil. Therefore, Frequency Exchange's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 1.37.


Frequency Exchange Liabilities-to-Assets Historical Data

The historical data trend for Frequency Exchange'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.

Frequency Exchange Liabilities-to-Assets Chart

Frequency Exchange Annual Data
Trend Oct20 Oct21 Dec22
Liabilities-to-Assets
0.05 0.38 0.76

Frequency Exchange Quarterly Data
Oct20 Jan21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.76 1.06 1.63 1.37

Competitive Comparison of Frequency Exchange's Liabilities-to-Assets

For the Medical Devices subindustry, Frequency Exchange'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.


Frequency Exchange's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Frequency Exchange's Liabilities-to-Assets distribution charts can be found below:

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



Frequency Exchange 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.

Frequency Exchange's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=1.063/1.397
=0.76

Frequency Exchange's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=0.805/0.586
=1.37

* 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.


Frequency Exchange  (TSXV:FREQ) 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.


Frequency Exchange Liabilities-to-Assets Related Terms

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Frequency Exchange (TSXV:FREQ) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3
Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.
Executives
Stephen Davis 10% Security Holder, Director, Senior Officer