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FirsTime Design (FirsTime Design) Liabilities-to-Assets : 0.20 (As of Dec. 2012)


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What is FirsTime Design 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. FirsTime Design's Total Liabilities for the quarter that ended in Dec. 2012 was $0.90 Mil. FirsTime Design's Total Assets for the quarter that ended in Dec. 2012 was $4.51 Mil. Therefore, FirsTime Design's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2012 was 0.20.


FirsTime Design Liabilities-to-Assets Historical Data

The historical data trend for FirsTime Design'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.

FirsTime Design Liabilities-to-Assets Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.21 0.10 0.17 0.20

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.17 0.14 0.17 0.24 0.20

Competitive Comparison of FirsTime Design's Liabilities-to-Assets

For the Furnishings, Fixtures & Appliances subindustry, FirsTime Design'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.


FirsTime Design's Liabilities-to-Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FirsTime Design's Liabilities-to-Assets distribution charts can be found below:

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



FirsTime Design 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.

FirsTime Design's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

Liabilities-to-Assets (A: Dec. 2012 )=Total Liabilities/Total Assets
=0.902/4.507
=0.20

FirsTime Design's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2012 is calculated as

Liabilities-to-Assets (Q: Dec. 2012 )=Total Liabilities/Total Assets
=0.902/4.507
=0.20

* 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.


FirsTime Design  (OTCPK:FTDL) 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.


FirsTime Design Liabilities-to-Assets Related Terms

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FirsTime Design (FirsTime Design) Business Description

Traded in Other Exchanges
N/A
Address
W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.
Executives
Thomas G Berlin 10 percent owner 37500 EAGLE ROAD, WILLOGHBY HILLS OH 44094
Douglas M Schosser director 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306

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