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Vinyl Group (ASX:VNL) Liabilities-to-Assets : 0.20 (As of Dec. 2024)


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What is Vinyl Group 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. Vinyl Group's Total Liabilities for the quarter that ended in Dec. 2024 was A$4.84 Mil. Vinyl Group's Total Assets for the quarter that ended in Dec. 2024 was A$24.69 Mil. Therefore, Vinyl Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.20.


Vinyl Group Liabilities-to-Assets Historical Data

The historical data trend for Vinyl Group'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.

Vinyl Group Liabilities-to-Assets Chart

Vinyl Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.59 0.98 0.80 0.56

Vinyl Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.38 0.80 1.24 0.56 0.20

Competitive Comparison of Vinyl Group's Liabilities-to-Assets

For the Software - Application subindustry, Vinyl Group'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.


Vinyl Group's Liabilities-to-Assets Distribution in the Software Industry

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

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


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Vinyl Group 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.

Vinyl Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=10.744/19.216
=0.56

Vinyl Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=4.844/24.685
=0.20

* 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.


Vinyl Group  (ASX:VNL) 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.


Vinyl Group Liabilities-to-Assets Related Terms

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Vinyl Group Business Description

Traded in Other Exchanges
Address
11 Wilson Street, South Yarra, VIC, AUS, 3141
Vinyl Group Ltd Formerly Jaxsta Ltd is a music technology company that carries on music database. It has developed an online platform named Jaxsta to hold official music metadata. Its database consists of official music information and is built to meet the needs of music professionals and enthusiasts seeking a comprehensive and authenticated source of music data. The company uses " Big Data" technology to ingest and translate information sourced directly from official channels including record labels, music publishers, royalty agencies and industry associations onto its Jaxsta platform ensuring optimum accuracy and reliability.

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