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PlaySide Studios (ASX:PLY) Liabilities-to-Assets : 0.21 (As of Dec. 2023)


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What is PlaySide Studios 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. PlaySide Studios's Total Liabilities for the quarter that ended in Dec. 2023 was A$13.11 Mil. PlaySide Studios's Total Assets for the quarter that ended in Dec. 2023 was A$61.64 Mil. Therefore, PlaySide Studios's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.21.


PlaySide Studios Liabilities-to-Assets Historical Data

The historical data trend for PlaySide Studios'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.

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PlaySide Studios Liabilities-to-Assets Chart

PlaySide Studios Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.10 0.28 0.18 0.20

PlaySide Studios Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.13 0.18 0.17 0.20 0.21

Competitive Comparison of PlaySide Studios's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios'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.


PlaySide Studios's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlaySide Studios's Liabilities-to-Assets distribution charts can be found below:

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



PlaySide Studios 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.

PlaySide Studios's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=9.41/48.219
=0.20

PlaySide Studios'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
=13.105/61.636
=0.21

* 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.


PlaySide Studios  (ASX:PLY) 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.


PlaySide Studios Liabilities-to-Assets Related Terms

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PlaySide Studios (ASX:PLY) Business Description

Traded in Other Exchanges
Address
75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR) and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb ways to dash, and many others. The company has one reportable segment, development and monetization of mobile , PC and console video games.

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