EXPL (Endurance Exploration Group) Liabilities-to-Assets : 1.15 (As of Sep. 2018)

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What is Endurance Exploration Group Liabilities-to-Assets?

Endurance Exploration Group EXPL +1,328.57% Liabilities-to-Assets is 1.15 as of Sep. 2018.

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. Endurance Exploration Group's Total Liabilities for the quarter that ended in Sep. 2018 was $0.70 Mil. Endurance Exploration Group's Total Assets for the quarter that ended in Sep. 2018 was $0.61 Mil. Therefore, Endurance Exploration Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 was 1.15.

Endurance Exploration Group  (OTCPK:EXPL) 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.

Endurance Exploration Group Liabilities-to-Assets Related Terms

Endurance Exploration Group Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Liabilities-to-Assets Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.11 1.43 0.48 0.26 0.79

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.72 0.79 0.95 1.10 1.15

EXPL vs NESCQ, SENR, HDII: Liabilities-to-Assets Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.

Endurance Exploration Group Liabilities-to-Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Liabilities-to-Assets distribution charts can be found below:

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


Endurance Exploration Group 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.

Endurance Exploration Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=0.404/0.511
=0.79

Endurance Exploration Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 is calculated as

Liabilities-to-Assets (Q: Sep. 2018 )=Total Liabilities/Total Assets
=0.698/0.607
=1.15

* 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 1.15 mean?
Endurance Exploration Group (EXPL) has a Liabilities-to-Assets of 1.15 as of Sep. 2018. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Liabilities-to-Assets too high?
Endurance Exploration Group's current Liabilities-to-Assets is 1.15.
How does Endurance Exploration Group's Liabilities-to-Assets compare to NESCQ and SENR?
Endurance Exploration Group's Liabilities-to-Assets of 1.15 can be compared against companies in the Waste Management 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 Waste Management company?
A good Liabilities-to-Assets depends on the Waste Management 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 Endurance Exploration Group and its competitors. Endurance Exploration Group's current Liabilities-to-Assets is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Liabilities-to-Assets of 1.15. The current Liabilities-to-Assets is 1.15. 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 Endurance Exploration Group (EXPL), the current Liabilities-to-Assets is 1.15 as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.