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Freedom Internet Group (Freedom Internet Group) Liabilities-to-Assets : 0.02 (As of Jan. 2023)


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What is Freedom Internet Group 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. Freedom Internet Group's Total Liabilities for the quarter that ended in Jan. 2023 was $0.02 Mil. Freedom Internet Group's Total Assets for the quarter that ended in Jan. 2023 was $1.03 Mil. Therefore, Freedom Internet Group's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2023 was 0.02.


Freedom Internet Group Liabilities-to-Assets Historical Data

The historical data trend for Freedom Internet 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.

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Freedom Internet Group Liabilities-to-Assets Chart

Freedom Internet Group Annual Data
Trend Oct19 Oct20 Oct21 Oct22
Liabilities-to-Assets
1.08 0.02 0.01 0.01

Freedom Internet Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 - 0.01 - 0.01 0.02

Competitive Comparison of Freedom Internet Group's Liabilities-to-Assets

For the Asset Management subindustry, Freedom Internet 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.


Freedom Internet Group's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Freedom Internet Group's Liabilities-to-Assets distribution charts can be found below:

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



Freedom Internet 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.

Freedom Internet Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2022 is calculated as:

Liabilities-to-Assets (A: Oct. 2022 )=Total Liabilities/Total Assets
=0.014/1.069
=0.01

Freedom Internet Group's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2023 is calculated as

Liabilities-to-Assets (Q: Jan. 2023 )=Total Liabilities/Total Assets
=0.022/1.034
=0.02

* 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.


Freedom Internet Group  (OTCPK:FIGI) 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.


Freedom Internet Group Liabilities-to-Assets Related Terms

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Freedom Internet Group (Freedom Internet Group) Business Description

Traded in Other Exchanges
N/A
Address
151 Calle San Francisco, Suite 200, San Juan, PRI, 00901
Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.
Executives
Noah Rosenfarb director, 10 percent owner, officer: CFO 12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb director, officer: COO 4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman director, 10 percent owner, officer: CEO 3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

Freedom Internet Group (Freedom Internet Group) Headlines

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