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Clone Algo Technologies (Clone Algo Technologies) Liabilities-to-Assets : 0.20 (As of Apr. 2015)


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What is Clone Algo 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. Clone Algo Technologies's Total Liabilities for the quarter that ended in Apr. 2015 was $0.46 Mil. Clone Algo Technologies's Total Assets for the quarter that ended in Apr. 2015 was $2.25 Mil. Therefore, Clone Algo Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2015 was 0.20.


Clone Algo Technologies Liabilities-to-Assets Historical Data

The historical data trend for Clone Algo 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.

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Clone Algo Technologies Liabilities-to-Assets Chart

Clone Algo Technologies Annual Data
Trend Jul13
Liabilities-to-Assets
0.05

Clone Algo Technologies Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Liabilities-to-Assets Get a 7-Day Free Trial 0.14 0.24 0.02 0.01 0.20

Competitive Comparison of Clone Algo Technologies's Liabilities-to-Assets

For the Shell Companies subindustry, Clone Algo 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.


Clone Algo Technologies's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Clone Algo Technologies's Liabilities-to-Assets distribution charts can be found below:

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



Clone Algo 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.

Clone Algo Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2013 is calculated as:

Liabilities-to-Assets (A: Jul. 2013 )=Total Liabilities/Total Assets
=0.004/0.086
=0.05

Clone Algo Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2015 is calculated as

Liabilities-to-Assets (Q: Apr. 2015 )=Total Liabilities/Total Assets
=0.455/2.251
=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.


Clone Algo Technologies  (OTCPK:CATI) 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.


Clone Algo Technologies Liabilities-to-Assets Related Terms

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Clone Algo Technologies (Clone Algo Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135
Clone Algo Technologies Inc is a shell company.

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