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Vitalist (TSXV:VITA) Liabilities-to-Assets : 13.26 (As of Dec. 2024)


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What is Vitalist 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. Vitalist's Total Liabilities for the quarter that ended in Dec. 2024 was C$13.22 Mil. Vitalist's Total Assets for the quarter that ended in Dec. 2024 was C$1.00 Mil. Therefore, Vitalist's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 13.26.


Vitalist Liabilities-to-Assets Historical Data

The historical data trend for Vitalist'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.

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Vitalist Liabilities-to-Assets Chart

Vitalist Annual Data
Trend Feb19 Feb20 Mar22 Mar23 Mar24
Liabilities-to-Assets
0.06 0.02 0.65 12.31 8.27

Vitalist Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only 12.71 8.27 21.77 14.68 13.26

Competitive Comparison of Vitalist's Liabilities-to-Assets

For the Information Technology Services subindustry, Vitalist'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.


Vitalist's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Vitalist's Liabilities-to-Assets distribution charts can be found below:

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


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Vitalist 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.

Vitalist's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=11.382/1.377
=8.27

Vitalist's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=13.221/0.997
=13.26

* 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.


Vitalist  (TSXV:VITA) 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.


Vitalist Liabilities-to-Assets Related Terms

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Vitalist Business Description

Traded in Other Exchanges
N/A
Address
222, 3rd Avenue SW, 2100 Livingston Place, Calgary, AB, CAN, T2P 0B4
Vitalist Inc is an technology provider that helps brands build products. Through VitalOS, brands create seamlessly connected devices and applications that adapt to each user. By uniting hardware and software with intelligent analytics, it is building an ecosystem of personalized solutions that enhance human potential.
Executives
Craig Simon Smith Director
Vesta Wealth Partners Ltd. 10% Security Holder
Kalvie Legat Senior Officer
Joanne Hruska Director
Jared Wolk Director

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