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Darktrace (Darktrace) Liabilities-to-Assets : 0.61 (As of Dec. 2023)


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What is Darktrace 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. Darktrace's Total Liabilities for the quarter that ended in Dec. 2023 was $473.8 Mil. Darktrace's Total Assets for the quarter that ended in Dec. 2023 was $776.3 Mil. Therefore, Darktrace's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.61.


Darktrace Liabilities-to-Assets Historical Data

The historical data trend for Darktrace'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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Darktrace Liabilities-to-Assets Chart

Darktrace Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.80 0.90 0.53 0.57 0.65

Darktrace Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.54 0.57 0.58 0.65 0.61

Competitive Comparison of Darktrace's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Darktrace'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.


Darktrace's Liabilities-to-Assets Distribution in the Software Industry

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

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



Darktrace 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.

Darktrace's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=488.352/751.865
=0.65

Darktrace'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
=473.807/776.29
=0.61

* 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.


Darktrace  (OTCPK:DRKTF) 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.


Darktrace Liabilities-to-Assets Related Terms

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Darktrace (Darktrace) Business Description

Traded in Other Exchanges
Address
Saint John’s Innovation Park, Cowley Road, Maurice Wilkes Building, Cambridge, GBR, CB4 0DS
Darktrace PLC is a provider of AI for the enterprise, with the first at-scale deployment of AI in cybersecurity. It is a pioneer of self-learning AI and is at the forefront of autonomous response technology. The Group's platform uses machine learning and AI algorithms to neutralize cyber threats across diverse digital estates, including the cloud and networks, IoT, and industrial control systems. Geographically, it derives a majority of revenue from the USA and Canada and also has a presence in the United Kingdom; Europe, and Rest of World.