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Azure Health Technology (Azure Health Technology) Liabilities-to-Assets : 6.50 (As of Dec. 2019)


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What is Azure Health Technology 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. Azure Health Technology's Total Liabilities for the quarter that ended in Dec. 2019 was $0.77 Mil. Azure Health Technology's Total Assets for the quarter that ended in Dec. 2019 was $0.12 Mil. Therefore, Azure Health Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 was 6.50.


Azure Health Technology Liabilities-to-Assets Historical Data

The historical data trend for Azure Health Technology'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.

Azure Health Technology Liabilities-to-Assets Chart

Azure Health Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.22 0.33 - 2.58

Azure Health Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19
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 2.41 - - 2.58 6.50

Competitive Comparison of Azure Health Technology's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Azure Health Technology'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.


Azure Health Technology's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Azure Health Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Azure Health Technology's Liabilities-to-Assets falls into.



Azure Health Technology 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.

Azure Health Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2019 is calculated as:

Liabilities-to-Assets (A: Jun. 2019 )=Total Liabilities/Total Assets
=0.258/0.1
=2.58

Azure Health Technology's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 is calculated as

Liabilities-to-Assets (Q: Dec. 2019 )=Total Liabilities/Total Assets
=0.773/0.119
=6.50

* 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.


Azure Health Technology  (OTCPK:MOKOY) 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.


Azure Health Technology Liabilities-to-Assets Related Terms

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Azure Health Technology (Azure Health Technology) Business Description

Traded in Other Exchanges
N/A
Address
Level 45, 19-29 Martin Place, Suite 03, Sydney, NSW, AUS, 2003
Azure Health Technology Ltd is engaged in research, development, distribution and marketing a range of health and therapeutic products and technologies, including innovative drugs, wellbeing supplements and medical devices.

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