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BM Technologies (BM Technologies) Liabilities-to-Assets : 0.43 (As of Dec. 2023)


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What is BM Technologies 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. BM Technologies's Total Liabilities for the quarter that ended in Dec. 2023 was $23.67 Mil. BM Technologies's Total Assets for the quarter that ended in Dec. 2023 was $54.64 Mil. Therefore, BM Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.43.


BM Technologies Liabilities-to-Assets Historical Data

The historical data trend for BM Technologies'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.

BM Technologies Liabilities-to-Assets Chart

BM Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.09 0.64 0.50 0.31 0.43

BM Technologies Quarterly Data
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 0.31 0.36 0.36 0.33 0.43

Competitive Comparison of BM Technologies's Liabilities-to-Assets

For the Software - Application subindustry, BM Technologies'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.


BM Technologies's Liabilities-to-Assets Distribution in the Software Industry

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

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



BM Technologies 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.

BM Technologies'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
=23.668/54.64
=0.43

BM Technologies'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
=23.668/54.64
=0.43

* 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.


BM Technologies  (AMEX:BMTX) 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.


BM Technologies Liabilities-to-Assets Related Terms

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BM Technologies (BM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 350, Wayne, PA, USA, 19087
BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. Tje company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.
Executives
Michael Richard Pavone director 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Rajinder Singh director C/O BM TECHNOLOGIES, INC., 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Warren Taylor officer: Executive Vice President 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
John J Dolan director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
James Francis Dullinger officer: Chief Accounting Officer C/O IOTA COMMUNICATIONS, INC., 645 HAMILTON STREET, SUITE 400, ALLENTOWN PA 18101
James M. Donahue officer: Chief Technology Officer 201 KING OF PRUSSIA ROAD, SUITE 350, C/O BM TECHNOLOGIES, INC., WAYNE PA 19087
Aaron Hodari director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Andrew J. Dunklau officer: President and Secretary 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Schechter Private Capital, Llc 10 percent owner 251 PIERCE STREET, BIRMINGHAM MI 48009
Pankaj Dinodia director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert H Ramsey officer: Chief Financial Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Marcy Schwab director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Brent Hurley director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert Diegel officer: Chief Operating Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Mike Gill director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087

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