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Wherrelz IT Solutions (BOM:543436) Liabilities-to-Assets : 0.97 (As of Sep. 2024)


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What is Wherrelz IT Solutions 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. Wherrelz IT Solutions's Total Liabilities for the quarter that ended in Sep. 2024 was ₹533.0 Mil. Wherrelz IT Solutions's Total Assets for the quarter that ended in Sep. 2024 was ₹549.8 Mil. Therefore, Wherrelz IT Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.97.


Wherrelz IT Solutions Liabilities-to-Assets Historical Data

The historical data trend for Wherrelz IT Solutions'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.

Wherrelz IT Solutions Liabilities-to-Assets Chart

Wherrelz IT Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.27 0.21 0.08 0.06 0.96

Wherrelz IT Solutions Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.08 0.96 0.97

Competitive Comparison of Wherrelz IT Solutions's Liabilities-to-Assets

For the Information Technology Services subindustry, Wherrelz IT Solutions'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.


Wherrelz IT Solutions's Liabilities-to-Assets Distribution in the Software Industry

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

* The bar in red indicates where Wherrelz IT Solutions's Liabilities-to-Assets falls into.


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Wherrelz IT Solutions 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.

Wherrelz IT Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=385.437/399.652
=0.96

Wherrelz IT Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=532.977/549.789
=0.97

* 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.


Wherrelz IT Solutions  (BOM:543436) 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.


Wherrelz IT Solutions Liabilities-to-Assets Related Terms

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Wherrelz IT Solutions Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 15, Road 10, Sector 1, New Panvel East, Raigarh, MH, IND, 410 206
Wherrelz IT Solutions Ltd is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management, Enterprise Resource Planning, E-Commerce, Application programming interface, Cyber Security, Internet of Things, cloud-based tools and others through standard software development model or customized software development model depending upon the requirement of the clients.

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