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QRS Music Technologies (QRS Music Technologies) Liabilities-to-Assets : 0.22 (As of Mar. 2007)


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What is QRS Music 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. QRS Music Technologies's Total Liabilities for the quarter that ended in Mar. 2007 was $2.67 Mil. QRS Music Technologies's Total Assets for the quarter that ended in Mar. 2007 was $12.33 Mil. Therefore, QRS Music Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2007 was 0.22.


QRS Music Technologies Liabilities-to-Assets Historical Data

The historical data trend for QRS Music 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.

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QRS Music Technologies Liabilities-to-Assets Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Liabilities-to-Assets
Get a 7-Day Free Trial 0.19 0.21 0.17 0.20 0.25

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 0.23 0.25 0.23 0.24 0.22

Competitive Comparison of QRS Music Technologies's Liabilities-to-Assets

For the Leisure subindustry, QRS Music 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.


QRS Music Technologies's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's Liabilities-to-Assets distribution charts can be found below:

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



QRS Music 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.

QRS Music Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2006 is calculated as:

Liabilities-to-Assets (A: Jun. 2006 )=Total Liabilities/Total Assets
=3.252/13.046
=0.25

QRS Music Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2007 is calculated as

Liabilities-to-Assets (Q: Mar. 2007 )=Total Liabilities/Total Assets
=2.671/12.333
=0.22

* 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.


QRS Music Technologies  (OTCPK:QRSM) 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.


QRS Music Technologies Liabilities-to-Assets Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines