FASDF (Fantasy Aces Daily Fantasy Sports) Liabilities-to-Assets : 0.92 (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Liabilities-to-Assets?

Fantasy Aces Daily Fantasy Sports FASDF Liabilities-to-Assets is 0.92 as of Sep. 2016.

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. Fantasy Aces Daily Fantasy Sports's Total Liabilities for the quarter that ended in Sep. 2016 was $2.17 Mil. Fantasy Aces Daily Fantasy Sports's Total Assets for the quarter that ended in Sep. 2016 was $2.37 Mil. Therefore, Fantasy Aces Daily Fantasy Sports's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 was 0.92.

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) 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.

Fantasy Aces Daily Fantasy Sports Liabilities-to-Assets Related Terms

Fantasy Aces Daily Fantasy Sports Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Liabilities-to-Assets Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.01 0.05 3.09 1.07

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.23 1.07 0.88 0.68 0.92

FASDF vs FRZT: Liabilities-to-Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Liabilities-to-Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Liabilities-to-Assets falls into.


Fantasy Aces Daily Fantasy Sports 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.

Fantasy Aces Daily Fantasy Sports's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Liabilities-to-Assets (A: Dec. 2015 )=Total Liabilities/Total Assets
=2.095/1.951
=1.07

Fantasy Aces Daily Fantasy Sports's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2016 is calculated as

Liabilities-to-Assets (Q: Sep. 2016 )=Total Liabilities/Total Assets
=2.171/2.366
=0.92

* 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 0.92 mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Liabilities-to-Assets of 0.92 as of Sep. 2016. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Liabilities-to-Assets too high?
Fantasy Aces Daily Fantasy Sports' current Liabilities-to-Assets is 0.92.
How does Fantasy Aces Daily Fantasy Sports' Liabilities-to-Assets compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Liabilities-to-Assets of 0.92 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Liabilities-to-Assets depends on the Interactive Media 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 Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Liabilities-to-Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Liabilities-to-Assets of 0.92. The current Liabilities-to-Assets is 0.92. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Liabilities-to-Assets is 0.92 as of Sep. 2016. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.