OBIMF (Ondine Biomedical) Liabilities-to-Assets : 1.00 (As of Jun. 2024)

Ondine Biomedical Liabilities-to-Assets Chart

Ondine Biomedical Annual Data
	Trend	Dec08	Dec09	Dec10	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Liabilities-to-Assets		Get a 7-Day Free Trial					9.95	13.84	0.13	0.30	0.64

Ondine Biomedical Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Liabilities-to-Assets	Get a 7-Day Free Trial															0.14	0.30	0.44	0.64	1.00

Competitive Comparison of Ondine Biomedical's Liabilities-to-Assets

For the Biotechnology subindustry, Ondine Biomedical'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.

Ondine Biomedical's Liabilities-to-Assets Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ondine Biomedical's Liabilities-to-Assets distribution charts can be found below:

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

Ondine Biomedical 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.

Ondine Biomedical's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Ondine Biomedical's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.

Ondine Biomedical  (OTCPK:OBIMF) 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.

Ondine Biomedical Liabilities-to-Assets Related Terms

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Ondine Biomedical Business Description