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PFTI (Puradyn Filter Technologies) Liabilities-to-Assets : 5.76 (As of Dec. 2019)


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What is Puradyn Filter 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. Puradyn Filter Technologies's Total Liabilities for the quarter that ended in Dec. 2019 was $12.90 Mil. Puradyn Filter Technologies's Total Assets for the quarter that ended in Dec. 2019 was $2.24 Mil. Therefore, Puradyn Filter Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 was 5.76.


Puradyn Filter Technologies Liabilities-to-Assets Historical Data

The historical data trend for Puradyn Filter 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.

Puradyn Filter Technologies Liabilities-to-Assets Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 6.09 7.48 5.83 5.76

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 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 5.83 4.34 4.48 5.11 5.76

Competitive Comparison of Puradyn Filter Technologies's Liabilities-to-Assets

For the Auto Parts subindustry, Puradyn Filter 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.


Puradyn Filter Technologies's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Puradyn Filter Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Puradyn Filter Technologies's Liabilities-to-Assets falls into.



Puradyn Filter 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.

Puradyn Filter Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=12.902/2.239
=5.76

Puradyn Filter Technologies'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
=12.902/2.239
=5.76

* 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.


Puradyn Filter Technologies  (OTCPK:PFTI) 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.


Puradyn Filter Technologies Liabilities-to-Assets Related Terms

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Puradyn Filter Technologies Business Description

Traded in Other Exchanges
N/A
Address
2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Executives
Kevin G Kroger director, officer: President, Chief Operating Off 4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria director, 10 percent owner, officer: Chief Executive Officer C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell director 7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria director, 10 percent owner, officer: Executive Chairman of Board P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler officer: Vice President and CAO 21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco director 150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes other: Former director 56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton director 25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler officer: Chief Financial Officer 10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris other: Director of Corp Communic. 52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton officer: VP Sales and Marketing 7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford director, 10 percent owner
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich director 525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

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