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Fintech Asia (LSE:FINA) Liabilities-to-Assets : 0.03 (As of Dec. 2022)


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What is Fintech Asia 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. Fintech Asia's Total Liabilities for the quarter that ended in Dec. 2022 was £0.03 Mil. Fintech Asia's Total Assets for the quarter that ended in Dec. 2022 was £0.92 Mil. Therefore, Fintech Asia's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.03.


Fintech Asia Liabilities-to-Assets Historical Data

The historical data trend for Fintech Asia'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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Fintech Asia Liabilities-to-Assets Chart

Fintech Asia Annual Data
Trend
Liabilities-to-Assets

Fintech Asia Semi-Annual Data
Dec21 Jun22 Dec22
Liabilities-to-Assets - 0.15 0.03

Competitive Comparison of Fintech Asia's Liabilities-to-Assets

For the Shell Companies subindustry, Fintech Asia'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.


Fintech Asia's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fintech Asia's Liabilities-to-Assets distribution charts can be found below:

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



Fintech Asia 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.

Fintech Asia's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

Fintech Asia's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=0.027/0.919
=0.03

* 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.


Fintech Asia  (LSE:FINA) 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.


Fintech Asia Liabilities-to-Assets Related Terms

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Fintech Asia (LSE:FINA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Les Echelons Court, Les Echelons, Saint Peter Port, GGY, GY1 1AR
Fintech Asia Ltd is an investment company. The principal activity of the company is to undertake the acquisition of one or more companies or businesses in the financial technology sector that offer new technologies that seek to improve and automate the delivery and use of financial services in Asia or from Asia into the Western economies. It is formed to undertake acquisitions of target companies or businesses in the Fintech sector.

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