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Trulite (Trulite) Liabilities-to-Assets : 11.55 (As of Mar. 2008)


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What is Trulite 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. Trulite's Total Liabilities for the quarter that ended in Mar. 2008 was $1.14 Mil. Trulite's Total Assets for the quarter that ended in Mar. 2008 was $0.10 Mil. Therefore, Trulite's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2008 was 11.55.


Trulite Liabilities-to-Assets Historical Data

The historical data trend for Trulite'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.

Trulite Liabilities-to-Assets Chart

Trulite Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Liabilities-to-Assets
0.32 0.13 4.32 1.45

Trulite Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.10 6.38 32.22 1.45 11.55

Competitive Comparison of Trulite's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Trulite'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.


Trulite's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trulite's Liabilities-to-Assets distribution charts can be found below:

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



Trulite 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.

Trulite's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2007 is calculated as:

Liabilities-to-Assets (A: Dec. 2007 )=Total Liabilities/Total Assets
=0.714/0.493
=1.45

Trulite's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2008 is calculated as

Liabilities-to-Assets (Q: Mar. 2008 )=Total Liabilities/Total Assets
=1.143/0.099
=11.55

* 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.


Trulite  (OTCPK:TRUL) 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.


Trulite Liabilities-to-Assets Related Terms

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Trulite (Trulite) Business Description

Traded in Other Exchanges
N/A
Address
151 Powell Road, Suite 111, Northeast Campus, Columbia, SC, USA, 29203
Trulite Inc operates in the electronic sector. The company is engaged in the development and selling of portable, semi-portable and stationery products, components and power generation systems that can generate clean renewable power for use in off-grid applications requiring power up to one kilowatt.
Executives
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248

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