GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Liabilities-to-Assets

Solidus Communications (Solidus Communications) Liabilities-to-Assets : 53.22 (As of Nov. 2016)


View and export this data going back to . Start your Free Trial

What is Solidus Communications 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. Solidus Communications's Total Liabilities for the quarter that ended in Nov. 2016 was $5.16 Mil. Solidus Communications's Total Assets for the quarter that ended in Nov. 2016 was $0.10 Mil. Therefore, Solidus Communications's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 was 53.22.


Solidus Communications Liabilities-to-Assets Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Liabilities-to-Assets Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 548.25 - - 107.25 53.22

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 548.25 - - 107.25 53.22

Competitive Comparison of Solidus Communications's Liabilities-to-Assets

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Liabilities-to-Assets distribution charts can be found below:

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



Solidus Communications 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.

Solidus Communications's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2016 is calculated as:

Liabilities-to-Assets (A: Nov. 2016 )=Total Liabilities/Total Assets
=5.162/0.097
=53.22

Solidus Communications's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 is calculated as

Liabilities-to-Assets (Q: Nov. 2016 )=Total Liabilities/Total Assets
=5.162/0.097
=53.22

* 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.


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Solidus Communications's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Solidus Communications (Solidus Communications) Business Description

Traded in Other Exchanges
N/A
Address
454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174
Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications (Solidus Communications) Headlines