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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Liabilities-to-Assets : 7.15 (As of Dec. 2020)


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What is Innerscope Hearing Technologies 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. Innerscope Hearing Technologies's Total Liabilities for the quarter that ended in Dec. 2020 was $12.04 Mil. Innerscope Hearing Technologies's Total Assets for the quarter that ended in Dec. 2020 was $1.68 Mil. Therefore, Innerscope Hearing Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 was 7.15.


Innerscope Hearing Technologies Liabilities-to-Assets Historical Data

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.

* Premium members only.

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 3.06 7.15

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 3.06 4.95 4.20 4.45 7.15

Competitive Comparison of Innerscope Hearing Technologies's Liabilities-to-Assets

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's Liabilities-to-Assets Distribution in the 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
=12.036/1.683
=7.15

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
=12.036/1.683
=7.15

* 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.


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

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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661
Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.

Innerscope Hearing Technologies (Innerscope Hearing Technologies) Headlines

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