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Tokens.com (TSXV:COIN) Liabilities-to-Assets : 0.06 (As of Dec. 2023)


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What is Tokens.com 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. Tokens.com's Total Liabilities for the quarter that ended in Dec. 2023 was C$1.01 Mil. Tokens.com's Total Assets for the quarter that ended in Dec. 2023 was C$15.84 Mil. Therefore, Tokens.com's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.06.


Tokens.com Liabilities-to-Assets Historical Data

The historical data trend for Tokens.com'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.

Tokens.com Liabilities-to-Assets Chart

Tokens.com Annual Data
Trend Dec20 Dec21 Sep22 Sep23
Liabilities-to-Assets
0.02 0.40 - 0.10

Tokens.com Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.08 0.10 0.06

Competitive Comparison of Tokens.com's Liabilities-to-Assets

For the Capital Markets subindustry, Tokens.com'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.


Tokens.com's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tokens.com's Liabilities-to-Assets distribution charts can be found below:

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



Tokens.com 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.

Tokens.com's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=1.28/13.352
=0.10

Tokens.com's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1.012/15.84
=0.06

* 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.


Tokens.com  (TSXV:COIN) 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.


Tokens.com Liabilities-to-Assets Related Terms

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Tokens.com (TSXV:COIN) Business Description

Traded in Other Exchanges
Address
100 King Street West, 3400 One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Tokens.com Corp is traded technology company that invests in web3 assets and builds web3 business. It operates the technology that secures next generation blockchain networks through Proof-of-Stake technology that supports the growth of decentralized finance applications. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. It generate majority of its revenue from staking.