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

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What is Covista Communications Liabilities-to-Assets?

Covista Communications CVST -99.67% Liabilities-to-Assets is 0.45 as of Apr. 2005.

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  (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


Covista Communications Liabilities-to-Assets Historical Data

* Premium members only.

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.

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

CVST vs FULO, TWER, DTGI: Liabilities-to-Assets Comparison

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 Liabilities-to-Assets vs 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.45 mean?
Covista Communications (CVST) has a Liabilities-to-Assets of 0.45 as of Apr. 2005. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Covista Communications and its competitors.
Is Covista Communications' Liabilities-to-Assets too high?
Covista Communications' current Liabilities-to-Assets is 0.45.
How does Covista Communications' Liabilities-to-Assets compare to FULO and TWER?
Covista Communications' Liabilities-to-Assets of 0.45 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Telecommunication Services company?
A good Liabilities-to-Assets depends on the Telecommunication Services industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Covista Communications and its competitors. Covista Communications's current Liabilities-to-Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Liabilities-to-Assets of 0.45. The current Liabilities-to-Assets is 0.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Covista Communications (CVST), the current Liabilities-to-Assets is 0.45 as of Apr. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covista Communications Business Description

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.