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Interfield Global Software (NEOE:IFSS) Liabilities-to-Assets : 0.34 (As of Sep. 2023)


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What is Interfield Global Software 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. Interfield Global Software's Total Liabilities for the quarter that ended in Sep. 2023 was C$2.90 Mil. Interfield Global Software's Total Assets for the quarter that ended in Sep. 2023 was C$8.58 Mil. Therefore, Interfield Global Software's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.34.


Interfield Global Software Liabilities-to-Assets Historical Data

The historical data trend for Interfield Global Software'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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Interfield Global Software Liabilities-to-Assets Chart

Interfield Global Software Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
3.08 2.83 2.81 0.94 10.42

Interfield Global Software Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.74 10.42 0.70 0.29 0.34

Competitive Comparison of Interfield Global Software's Liabilities-to-Assets

For the Software - Application subindustry, Interfield Global Software'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.


Interfield Global Software's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Interfield Global Software's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Interfield Global Software's Liabilities-to-Assets falls into.



Interfield Global Software 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.

Interfield Global Software's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=0.125/0.012
=10.42

Interfield Global Software's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=2.9/8.575
=0.34

* 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.


Interfield Global Software  (NEOE:IFSS) 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.


Interfield Global Software Liabilities-to-Assets Related Terms

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Interfield Global Software (NEOE:IFSS) Business Description

Traded in Other Exchanges
N/A
Address
The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE
Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

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