HTGMQ (HTG Molecular Diagnostics) Liabilities-to-Assets : 0.96 (As of Mar. 2023)

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HTGMQ HTG Molecular Diagnostics Inc HTGMQ
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What is HTG Molecular Diagnostics Liabilities-to-Assets?

HTG Molecular Diagnostics HTGMQ -99.00% 12 Liabilities-to-Assets is 0.96 as of Mar. 2023. GuruFocus rates HTGMQ with a GF Score™ of 12/100.

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. HTG Molecular Diagnostics's Total Liabilities for the quarter that ended in Mar. 2023 was $10.39 Mil. HTG Molecular Diagnostics's Total Assets for the quarter that ended in Mar. 2023 was $10.87 Mil. Therefore, HTG Molecular Diagnostics's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.96.


HTG Molecular Diagnostics  (OTCPK:HTGMQ) 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.


HTG Molecular Diagnostics Liabilities-to-Assets Related Terms


HTG Molecular Diagnostics Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for HTG Molecular Diagnostics'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.

HTG Molecular Diagnostics Liabilities-to-Assets Chart

HTG Molecular Diagnostics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.47 0.59 0.66 0.70

HTG Molecular Diagnostics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.60 0.75 0.91 0.70 0.96

HTGMQ vs ABMC, TMO, DHR: Liabilities-to-Assets Comparison

For the Diagnostics & Research subindustry, HTG Molecular Diagnostics'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.


HTG Molecular Diagnostics Liabilities-to-Assets vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, HTG Molecular Diagnostics's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where HTG Molecular Diagnostics's Liabilities-to-Assets falls into.


HTGMQ
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HTG Molecular Diagnostics Inc HTGMQ
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HTG Molecular Diagnostics 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.

HTG Molecular Diagnostics's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=12.386/17.778
=0.70

HTG Molecular Diagnostics's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=10.391/10.866
=0.96

* 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 0.96 mean?
HTG Molecular Diagnostics (HTGMQ) has a Liabilities-to-Assets of 0.96 as of Mar. 2023. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on HTG Molecular Diagnostics and its competitors.
Is HTG Molecular Diagnostics' Liabilities-to-Assets too high?
HTG Molecular Diagnostics' current Liabilities-to-Assets is 0.96. Overall, HTG Molecular Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HTG Molecular Diagnostics' Liabilities-to-Assets compare to ABMC and TMO?
HTG Molecular Diagnostics' Liabilities-to-Assets of 0.96 can be compared against companies in the Medical Diagnostics & Research 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 a Medical Diagnostics & Research company?
A good Liabilities-to-Assets depends on the Medical Diagnostics & Research 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 HTG Molecular Diagnostics and its competitors. HTG Molecular Diagnostics's current Liabilities-to-Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTG Molecular Diagnostics stock overvalued right now?
HTG Molecular Diagnostics (HTGMQ) has a current Liabilities-to-Assets of 0.96. The current Liabilities-to-Assets is 0.96. HTG Molecular Diagnostics' overall GF Score™ is 12/100. 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 HTG Molecular Diagnostics (HTGMQ), the current Liabilities-to-Assets is 0.96 as of Mar. 2023. 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.

HTG Molecular Diagnostics Business Description

Address 3430 E. Global Loop, Tucson, AZ, USA, 85706
HTG Molecular Diagnostics Inc is a life science company whose mission is to advance precision medicine through its transcriptome-wide profiling and medicinal chemistry technologies. The company derives revenue from sales of its HTG EdgeSeq system and integrated next-generation sequencing-based HTG EdgeSeq research use only assays and from sample processing services performed in its VERI/O laboratory. The company operates in one segment and its customers and distributors are located in the United States and Europe.
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