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FWFW (Flywheel Advanced Technology) Liabilities-to-Assets : 0.15 (As of Sep. 2024)


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What is Flywheel Advanced Technology 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. Flywheel Advanced Technology's Total Liabilities for the quarter that ended in Sep. 2024 was $0.82 Mil. Flywheel Advanced Technology's Total Assets for the quarter that ended in Sep. 2024 was $5.43 Mil. Therefore, Flywheel Advanced Technology's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.15.


Flywheel Advanced Technology Liabilities-to-Assets Historical Data

The historical data trend for Flywheel Advanced Technology'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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Flywheel Advanced Technology Liabilities-to-Assets Chart

Flywheel Advanced Technology Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep20 Sep21 Sep22 Sep23 Sep24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only - - - 0.38 0.15

Flywheel Advanced Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.38 0.40 0.42 0.44 0.15

Competitive Comparison of Flywheel Advanced Technology's Liabilities-to-Assets

For the Information Technology Services subindustry, Flywheel Advanced Technology'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.


Flywheel Advanced Technology's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Flywheel Advanced Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Flywheel Advanced Technology's Liabilities-to-Assets falls into.



Flywheel Advanced Technology 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.

Flywheel Advanced Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

Liabilities-to-Assets (A: Sep. 2024 )=Total Liabilities/Total Assets
=0.824/5.426
=0.15

Flywheel Advanced Technology's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=0.824/5.426
=0.15

* 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.


Flywheel Advanced Technology  (OTCPK:FWFW) 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.


Flywheel Advanced Technology Liabilities-to-Assets Related Terms

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Flywheel Advanced Technology Business Description

Traded in Other Exchanges
N/A
Address
123 West Nye Lane, Suite 455, Carson, NV, USA, 89706
Flywheel Advanced Technology Inc is an investment holding company. The company's segments include provision of IoT maintenance and support services, IoT BPO services, and IoT development services in Hong Kong and Australia. It generates maximum revenue from the IoT BPO services segment.

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