GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tevano Systems Holdings Inc (OTCPK:TEVNF) » Definitions » Liabilities-to-Assets

Tevano Systems Holdings (Tevano Systems Holdings) Liabilities-to-Assets : 9.27 (As of Mar. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Tevano Systems Holdings 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. Tevano Systems Holdings's Total Liabilities for the quarter that ended in Mar. 2023 was $0.71 Mil. Tevano Systems Holdings's Total Assets for the quarter that ended in Mar. 2023 was $0.08 Mil. Therefore, Tevano Systems Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 9.27.


Tevano Systems Holdings Liabilities-to-Assets Historical Data

The historical data trend for Tevano Systems Holdings'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.

Tevano Systems Holdings Liabilities-to-Assets Chart

Tevano Systems Holdings Annual Data
Trend Jun21 Jun22
Liabilities-to-Assets
1.46 13.41

Tevano Systems Holdings Quarterly Data
Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.47 13.41 25.06 32.18 9.27

Competitive Comparison of Tevano Systems Holdings's Liabilities-to-Assets

For the Medical Instruments & Supplies subindustry, Tevano Systems Holdings'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.


Tevano Systems Holdings's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tevano Systems Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Tevano Systems Holdings's Liabilities-to-Assets falls into.



Tevano Systems Holdings 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.

Tevano Systems Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Liabilities-to-Assets (A: Jun. 2022 )=Total Liabilities/Total Assets
=0.791/0.059
=13.41

Tevano Systems Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=0.714/0.077
=9.27

* 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.


Tevano Systems Holdings  (OTCPK:TEVNF) 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.


Tevano Systems Holdings Liabilities-to-Assets Related Terms

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


Tevano Systems Holdings (Tevano Systems Holdings) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1303, Vancouver, BC, CAN, V6E 2Y3
Tevano Systems Holdings Inc is in the business of designing, developing, marketing, and selling self-service kiosks for non-physical contact monitoring, testing temperatures and dispensing hand sanitizer for the post COVID-19 environment.

Tevano Systems Holdings (Tevano Systems Holdings) Headlines

No Headlines