SPOI (SPO Networks) Liabilities-to-Assets : 2.21 (As of May. 2006)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is SPO Networks Liabilities-to-Assets?

SPO Networks SPOI -99.67% Liabilities-to-Assets is 2.21 as of May. 2006.

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. SPO Networks's Total Liabilities for the quarter that ended in May. 2006 was $12.42 Mil. SPO Networks's Total Assets for the quarter that ended in May. 2006 was $5.62 Mil. Therefore, SPO Networks's Liabilities-to-Assets Ratio for the quarter that ended in May. 2006 was 2.21.


SPO Networks  (OTCPK:SPOI) 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.


SPO Networks Liabilities-to-Assets Related Terms


SPO Networks Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for SPO Networks'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.

SPO Networks Liabilities-to-Assets Chart

SPO Networks Annual Data
Trend Dec01 Dec02 May04 May05
Liabilities-to-Assets
0.00 3.00 1.25 0.19

SPO Networks Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06
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 0.19 0.27 0.36 0.49 2.21

SPOI vs GKIT, GPVRF, SORL: Liabilities-to-Assets Comparison

For the Shell Companies subindustry, SPO Networks'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.


SPO Networks Liabilities-to-Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SPO Networks's Liabilities-to-Assets distribution charts can be found below:

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



SPO Networks 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.

SPO Networks's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2005 is calculated as:

Liabilities-to-Assets (A: May. 2005 )=Total Liabilities/Total Assets
=1.523/8.2
=0.19

SPO Networks's Liabilities-to-Assets Ratio for the quarter that ended in May. 2006 is calculated as

Liabilities-to-Assets (Q: May. 2006 )=Total Liabilities/Total Assets
=12.42/5.617
=2.21

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 2.21 mean?
SPO Networks (SPOI) has a Liabilities-to-Assets of 2.21 as of May. 2006. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on SPO Networks and its competitors.
Is SPO Networks' Liabilities-to-Assets too high?
SPO Networks' current Liabilities-to-Assets is 2.21.
How does SPO Networks' Liabilities-to-Assets compare to GKIT and GPVRF?
SPO Networks' Liabilities-to-Assets of 2.21 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Diversified Financial Services company?
A good Liabilities-to-Assets depends on the Diversified Financial Services industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on SPO Networks and its competitors. SPO Networks's current Liabilities-to-Assets is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPO Networks stock overvalued right now?
SPO Networks (SPOI) has a current Liabilities-to-Assets of 2.21. The current Liabilities-to-Assets is 2.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For SPO Networks (SPOI), the current Liabilities-to-Assets is 2.21 as of May. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SPO Networks Business Description

Address P.O. Box 600, Farmington, AR, USA, 72730
SPO Networks Inc is engaged in exploring potential acquisitions and opportunities in diversified industries, including performing and non-performing bank loans, coffee retailing and roasting, solid waste and recycling, general contracting, construction, and demolition with special waste remediation.