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Mighty Kingdom (FRA:9UQ) Liabilities-to-Assets : 0.72 (As of Dec. 2024)


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What is Mighty Kingdom 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. Mighty Kingdom's Total Liabilities for the quarter that ended in Dec. 2024 was €1.93 Mil. Mighty Kingdom's Total Assets for the quarter that ended in Dec. 2024 was €2.67 Mil. Therefore, Mighty Kingdom's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.72.


Mighty Kingdom Liabilities-to-Assets Historical Data

The historical data trend for Mighty Kingdom'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.

Mighty Kingdom Liabilities-to-Assets Chart

Mighty Kingdom Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
0.38 0.50 0.69 0.55

Mighty Kingdom Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 1.07 0.69 1.00 0.55 0.72

Competitive Comparison of Mighty Kingdom's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, Mighty Kingdom'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.


Mighty Kingdom's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Mighty Kingdom's Liabilities-to-Assets distribution charts can be found below:

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


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Mighty Kingdom 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.

Mighty Kingdom's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=2.239/4.047
=0.55

Mighty Kingdom's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=1.926/2.671
=0.72

* 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.


Mighty Kingdom  (FRA:9UQ) 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.


Mighty Kingdom Liabilities-to-Assets Related Terms

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Mighty Kingdom Business Description

Traded in Other Exchanges
Address
169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065
Mighty Kingdom Ltd is engaged in the development of games. The Group's principal activities are developing a broad portfolio of video games for console, PC, and mobile platforms. It has worked with companies including Disney, LEGO, Australian Red Cross, Funcom, Rogue, and Snapchat. Some of the games developed by the company include Sugar Slam, Ava's Manor, Wild Life, Heart Lake Rush, Danger Days, and Shopkins. It has its business activities in one area which is video games development. Mobile games and apps developed and/or published by the Group are made available for customers on different app stores, including Apple's App Store, Google's Google Play, and Valve's Steam Store.

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