INND (Innerscope Hearing Technologies) Liabilities-to-Assets : 3.11 (As of Dec. 2020)

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What is Innerscope Hearing Technologies Liabilities-to-Assets?

Innerscope Hearing Technologies INND Liabilities-to-Assets is 3.11 as of Dec. 2020.

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. Innerscope Hearing Technologies's Total Liabilities for the quarter that ended in Dec. 2020 was $11.66 Mil. Innerscope Hearing Technologies's Total Assets for the quarter that ended in Dec. 2020 was $3.75 Mil. Therefore, Innerscope Hearing Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 was 3.11.


Innerscope Hearing Technologies  (OTCPK:INND) 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.


Innerscope Hearing Technologies Liabilities-to-Assets Related Terms


Innerscope Hearing Technologies Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies Liabilities-to-Assets Chart

Innerscope Hearing Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial 0.64 1.98 1.61 1.94 3.11

Innerscope Hearing Technologies Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 2.46 2.64 2.65 2.13 3.11

INND vs NWCN, NCAP, MOBQ: Liabilities-to-Assets Comparison

For the Medical Instruments & Supplies subindustry, Innerscope Hearing Technologies'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.


Innerscope Hearing Technologies Liabilities-to-Assets vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innerscope Hearing Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Innerscope Hearing Technologies's Liabilities-to-Assets falls into.



Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=11.656832/3.745354
=3.11

Innerscope Hearing Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 is calculated as

Liabilities-to-Assets (Q: Dec. 2020 )=Total Liabilities/Total Assets
=11.656832/3.745354
=3.11

* 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 3.11 mean?
Innerscope Hearing Technologies (INND) has a Liabilities-to-Assets of 3.11 as of Dec. 2020. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Innerscope Hearing Technologies and its competitors.
Is Innerscope Hearing Technologies' Liabilities-to-Assets too high?
Innerscope Hearing Technologies' current Liabilities-to-Assets is 3.11.
How does Innerscope Hearing Technologies' Liabilities-to-Assets compare to NWCN and NCAP?
Innerscope Hearing Technologies' Liabilities-to-Assets of 3.11 can be compared against companies in the Medical Devices & Instruments 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 Devices & Instruments company?
A good Liabilities-to-Assets depends on the Medical Devices & Instruments 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 Innerscope Hearing Technologies and its competitors. Innerscope Hearing Technologies's current Liabilities-to-Assets is 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innerscope Hearing Technologies stock overvalued right now?
Innerscope Hearing Technologies (INND) has a current Liabilities-to-Assets of 3.11. The current Liabilities-to-Assets is 3.11. 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 Innerscope Hearing Technologies (INND), the current Liabilities-to-Assets is 3.11 as of Dec. 2020. 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.

Innerscope Hearing Technologies Business Description

Address 2151 Professional Drive, Suite 105, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products (Hearing Products) dedicated to addressing the demand for affordable hearing solutions. The company operates retail hearing device clinics in California. InnerScope is focused on leveraging these strategic assets to identify, incubate, and support health-technology ventures positioned for growth in public markets and long-term shareholder value creation.