MAXD (Max Sound) Debt-to-Asset : 109,415.09 (As of Jun. 2022)

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What is Max Sound Debt-to-Asset?

Max Sound MAXD -90.00% Debt-to-Asset is 109,415.09 as of Jun. 2022.

Max Sound's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $6.13 Mil. Max Sound's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Max Sound's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2022 was $0.00 Mil. Max Sound's debt to asset for the quarter that ended in Jun. 2022 was 109,415.09.

Max Sound  (OTCPK:MAXD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Max Sound Debt-to-Asset Related Terms

Max Sound Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Max Sound's Debt-to-Asset 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.

Max Sound Debt-to-Asset Chart

Max Sound Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.70 14,018.05 192,483.21 - -

Max Sound Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Asset 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 1,544.42 347.35 - 16,278.94 109,415.09

MAXD vs ABQQ, IWSY, RETC: Debt-to-Asset Comparison

For the Software - Application subindustry, Max Sound's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Max Sound Debt-to-Asset vs Software Industry

For the Software industry and Technology sector, Max Sound's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Max Sound's Debt-to-Asset falls into.


Max Sound Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Max Sound's Debt-to-Asset for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.303812 + 0) / 0
=N/A

Max Sound's Debt-to-Asset for the quarter that ended in Jun. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.127245 + 0) / 0.000056
=109,415.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 109,415.09 mean?
Max Sound (MAXD) has a Debt-to-Asset of 109,415.09 as of Jun. 2022. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Max Sound and its competitors.
Is Max Sound's Debt-to-Asset too high?
Max Sound's current Debt-to-Asset is 109,415.09.
How does Max Sound's Debt-to-Asset compare to ABQQ and IWSY?
Max Sound's Debt-to-Asset of 109,415.09 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Software company?
A good Debt-to-Asset depends on the Software industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Max Sound and its competitors. Max Sound's current Debt-to-Asset is 109,415.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Sound stock overvalued right now?
Max Sound (MAXD) has a current Debt-to-Asset of 109,415.09. The current Debt-to-Asset is 109,415.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Max Sound (MAXD), the current Debt-to-Asset is 109,415.09 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Max Sound Business Description

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130
Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.