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Inno Holdings (Inno Holdings) Liabilities-to-Assets : 0.43 (As of Mar. 2024)


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What is Inno Holdings 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. Inno Holdings's Total Liabilities for the quarter that ended in Mar. 2024 was $3.08 Mil. Inno Holdings's Total Assets for the quarter that ended in Mar. 2024 was $7.14 Mil. Therefore, Inno Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.43.


Inno Holdings Liabilities-to-Assets Historical Data

The historical data trend for Inno Holdings'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.

Inno Holdings Liabilities-to-Assets Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Liabilities-to-Assets
0.67 0.71 1.76

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.86 1.29 1.76 0.47 0.43

Competitive Comparison of Inno Holdings's Liabilities-to-Assets

For the Steel subindustry, Inno Holdings'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.


Inno Holdings's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Inno Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Inno Holdings 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.

Inno Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=4.489/2.546
=1.76

Inno Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=3.077/7.142
=0.43

* 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.


Inno Holdings  (NAS:INHD) 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.


Inno Holdings Liabilities-to-Assets Related Terms

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Inno Holdings (Inno Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.