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Venzee Technologies (Venzee Technologies) Liabilities-to-Assets : 18.64 (As of Dec. 2023)


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What is Venzee Technologies 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. Venzee Technologies's Total Liabilities for the quarter that ended in Dec. 2023 was $1.14 Mil. Venzee Technologies's Total Assets for the quarter that ended in Dec. 2023 was $0.06 Mil. Therefore, Venzee Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 18.64.


Venzee Technologies Liabilities-to-Assets Historical Data

The historical data trend for Venzee Technologies'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.

Venzee Technologies Liabilities-to-Assets Chart

Venzee Technologies Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 2.06 0.10 0.37

Venzee Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 9.37 39.92 12.98 15.36 18.64

Competitive Comparison of Venzee Technologies's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Venzee Technologies'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.


Venzee Technologies's Liabilities-to-Assets Distribution in the Software Industry

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

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



Venzee Technologies 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.

Venzee Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=0.222/0.605
=0.37

Venzee Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1.137/0.061
=18.64

* 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.


Venzee Technologies  (OTCPK:VENZF) 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.


Venzee Technologies Liabilities-to-Assets Related Terms

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Venzee Technologies (Venzee Technologies) Business Description

Traded in Other Exchanges
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.

Venzee Technologies (Venzee Technologies) Headlines