GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Covista Communications Inc (OTCPK:CVST) » Definitions » Liabilities-to-Assets

Covista Communications (Covista Communications) Liabilities-to-Assets : 0.45 (As of Apr. 2005)


View and export this data going back to 2005. Start your Free Trial

What is Covista Communications 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. Covista Communications's Total Liabilities for the quarter that ended in Apr. 2005 was $10.83 Mil. Covista Communications's Total Assets for the quarter that ended in Apr. 2005 was $24.31 Mil. Therefore, Covista Communications's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2005 was 0.45.


Covista Communications Liabilities-to-Assets Historical Data

The historical data trend for Covista Communications'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.

Covista Communications Liabilities-to-Assets Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.95 0.61 0.54 0.50

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 0.57 0.57 0.53 0.50 0.45

Competitive Comparison of Covista Communications's Liabilities-to-Assets

For the Telecom Services subindustry, Covista Communications'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.


Covista Communications's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Liabilities-to-Assets distribution charts can be found below:

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



Covista Communications 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.

Covista Communications's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2005 is calculated as:

Liabilities-to-Assets (A: Jan. 2005 )=Total Liabilities/Total Assets
=13.717/27.231
=0.50

Covista Communications's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2005 is calculated as

Liabilities-to-Assets (Q: Apr. 2005 )=Total Liabilities/Total Assets
=10.83/24.311
=0.45

* 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.


Covista Communications  (OTCPK:CVST) 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.


Covista Communications Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Covista Communications's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Covista Communications (Covista Communications) Business Description

Traded in Other Exchanges
N/A
Address
735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.
Executives
W Thorpe Mckenzie director 735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller director 430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

Covista Communications (Covista Communications) Headlines

No Headlines