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Cape Range (ASX:CAG) Liabilities-to-Assets : 0.19 (As of Dec. 2023)


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What is Cape Range 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. Cape Range's Total Liabilities for the quarter that ended in Dec. 2023 was A$0.41 Mil. Cape Range's Total Assets for the quarter that ended in Dec. 2023 was A$2.13 Mil. Therefore, Cape Range's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.19.


Cape Range Liabilities-to-Assets Historical Data

The historical data trend for Cape Range'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.

Cape Range Liabilities-to-Assets Chart

Cape Range Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.11 0.11 0.13 0.16 0.19

Cape Range Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.13 0.15 0.16 0.19 0.19

Competitive Comparison of Cape Range's Liabilities-to-Assets

For the Software - Application subindustry, Cape Range'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.


Cape Range's Liabilities-to-Assets Distribution in the Software Industry

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

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



Cape Range 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.

Cape Range's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.41/2.131
=0.19

Cape Range'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
=0.41/2.131
=0.19

* 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.


Cape Range  (ASX:CAG) 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.


Cape Range Liabilities-to-Assets Related Terms

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Cape Range (ASX:CAG) Business Description

Traded in Other Exchanges
N/A
Address
36 Prestwick Drive, Twin Waters, Maroochydore, QLD, AUS, 4564
Cape Range Ltd is engaged in providing accounting and business intelligence software solutions. Its software solutions cater mainly to small and medium enterprises. It derives revenue from Sales of packaged accounting and business management software, including the warehouse management system. Geographically solutions are offered in Australia and Malaysia.

Cape Range (ASX:CAG) Headlines

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