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Blue Line Protection Group (Blue Line Protection Group) Liabilities-to-Assets : 1.74 (As of Dec. 2023)


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What is Blue Line Protection 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. Blue Line Protection Group's Total Liabilities for the quarter that ended in Dec. 2023 was $3.23 Mil. Blue Line Protection Group's Total Assets for the quarter that ended in Dec. 2023 was $1.86 Mil. Therefore, Blue Line Protection Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.74.


Blue Line Protection Group Liabilities-to-Assets Historical Data

The historical data trend for Blue Line Protection 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.

Blue Line Protection Group Liabilities-to-Assets Chart

Blue Line Protection Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 4.42 2.40 2.37 1.74

Blue Line Protection Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 2.37 2.31 1.96 1.79 1.74

Competitive Comparison of Blue Line Protection Group's Liabilities-to-Assets

For the Security & Protection Services subindustry, Blue Line Protection 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.


Blue Line Protection Group's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Blue Line Protection Group's Liabilities-to-Assets distribution charts can be found below:

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



Blue Line Protection 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.

Blue Line Protection Group'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
=3.234/1.861
=1.74

Blue Line Protection Group'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
=3.234/1.861
=1.74

* 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.


Blue Line Protection Group  (OTCPK:BLPG) 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.


Blue Line Protection Group Liabilities-to-Assets Related Terms

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Blue Line Protection Group (Blue Line Protection Group) Business Description

Traded in Other Exchanges
N/A
Address
5765 Logan Street, Denver, CO, USA, 80216
Blue Line Protection Group Inc is engaged in providing armed protection and transportation, banking, compliance, and training services for businesses engaged in the legal cannabis industry. The services are offered to individuals, businesses, and government entities to protect their licenses and business investments. It offers asset logistic services, such as armored transportation service; security services, including shipment protection, money escorts, security monitoring, asset vaulting, VIP and dignitary protection, financial services, such as handling transportation and storage of currency; training; and compliance services. It generates maximum revenue from transportation and banking services.
Executives
Patrick Deparini officer: Chief Financial Officer 5440 W. SAHARA AVE., SUITE 202, LAS VEGAS NV 89146
Ricky Gene Bennett officer: Vice President of Operations 1350 INDEPENDENCE ST., SUITE 300, LAKEWOOD CO 80125
Daniel Scott Sullivan director, officer: Vice President of Marketing 9457 S. UNIVERSITY BLVD., #272, HIGHLANDS RANCH CO 80126
Sean-robbie Gibson Campbell director, officer: Chief Executive Officer 1350 INDEPENDENCE ST., 3RD FLOOR, LAKEWOOD CO 80215
David Uddman director, 10 percent owner, officer: President 3717 W. WOODSIDE, SPOKANE WA 99208

Blue Line Protection Group (Blue Line Protection Group) Headlines

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