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DTGI (Digerati Technologies) Liabilities-to-Assets : 2.18 (As of Apr. 2024)


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What is Digerati 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. Digerati Technologies's Total Liabilities for the quarter that ended in Apr. 2024 was $81.04 Mil. Digerati Technologies's Total Assets for the quarter that ended in Apr. 2024 was $37.24 Mil. Therefore, Digerati Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2024 was 2.18.


Digerati Technologies Liabilities-to-Assets Historical Data

The historical data trend for Digerati 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.

* Premium members only.

Digerati Technologies Liabilities-to-Assets Chart

Digerati Technologies Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.60 2.02 1.62 1.81

Digerati Technologies Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.77 1.81 1.92 2.04 2.18

Competitive Comparison of Digerati Technologies's Liabilities-to-Assets

For the Telecom Services subindustry, Digerati 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.


Digerati Technologies's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

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

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


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Digerati 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.

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

Liabilities-to-Assets (A: Jul. 2023 )=Total Liabilities/Total Assets
=69.276/38.372
=1.81

Digerati Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2024 is calculated as

Liabilities-to-Assets (Q: Apr. 2024 )=Total Liabilities/Total Assets
=81.037/37.243
=2.18

* 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.


Digerati Technologies  (OTCPK:DTGI) 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.


Digerati Technologies Liabilities-to-Assets Related Terms

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Digerati Technologies Business Description

Traded in Other Exchanges
N/A
Address
17503 La Cantera Parkway, Suite 104608, San Antonio, TX, USA, 78257
Digerati Technologies Inc is a provider of cloud services specializing in Unified Communications as a Service (UCaaS) solutions. The company's product portfolio includes Internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services including internet broadband, fiber, mobile broadband and cloud WAN solutions (SD WAN). Its services provide enterprise-class, carrier-grade services to the small-to-medium-sized business at cost-effective monthly rates. Its UCaaS or cloud communication services include fully hosted IP/PBX, mobile applications, Voice over Internet Protocol transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud.
Executives
Post Road Special Opportunity Fund Ii Offshore Lp 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Kevin C. Davis 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Sof Gp Ii Llc 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Group Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Michael Bogdan 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Special Opportunity Fund Ii Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Digerati Technologies, Inc. 10 percent owner 8023 VANTAGE DRIVE, SUITE 660, SAN ANTONIO TX 78230
Craig Kendall Clement director, 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Flagship Oil & Gas Corp. 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
William E. Mcilwain other: Former Director 3111 ROSEMARY PARK LANE, HOUSTON TX 77082
Arthur L Smith officer: Chief Executive Officer 8600 WURZBACH, SUITE 700W, SAN ANTONIO TX 78240
James John Davis director 13626 WINTER CREEK COURT, HOUSTON TX 77077
Antonio Jr Estrada officer: Chief Financial Officer 1807 DEER RIDGE ST, SAN ANTONIO TX 78232
John Howell director 1950 CINNAMON TEAL DR., REDMOND OR 97756