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Auka Capital (TSXV:AUK.P) Liabilities-to-Assets : 0.02 (As of Mar. 2024)


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What is Auka Capital 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. Auka Capital's Total Liabilities for the quarter that ended in Mar. 2024 was C$0.02 Mil. Auka Capital's Total Assets for the quarter that ended in Mar. 2024 was C$0.71 Mil. Therefore, Auka Capital's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.02.


Auka Capital Liabilities-to-Assets Historical Data

The historical data trend for Auka Capital'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.

Auka Capital Liabilities-to-Assets Chart

Auka Capital Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.07 0.05 0.02

Auka Capital Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 0.01 - - 0.02 0.02

Competitive Comparison of Auka Capital's Liabilities-to-Assets

For the Shell Companies subindustry, Auka Capital'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.


Auka Capital's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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



Auka Capital 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.

Auka Capital's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.016/0.716
=0.02

Auka Capital's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=0.017/0.705
=0.02

* 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.


Auka Capital  (TSXV:AUK.P) 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.


Auka Capital Liabilities-to-Assets Related Terms

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Auka Capital (TSXV:AUK.P) Business Description

Traded in Other Exchanges
N/A
Address
421 - 7th Avenue SW, Suite 1600, Calgary, AB, CAN, T2P 4K9
Auka Capital Corp is a capital pool company.

Auka Capital (TSXV:AUK.P) Headlines

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