GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ECC Ventures 5 Corp (TSXV:ECCV.P) » Definitions » Liabilities-to-Assets

ECC Ventures 5 (TSXV:ECCV.P) Liabilities-to-Assets : 0.26 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is ECC Ventures 5 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. ECC Ventures 5's Total Liabilities for the quarter that ended in Mar. 2024 was C$0.01 Mil. ECC Ventures 5's Total Assets for the quarter that ended in Mar. 2024 was C$0.05 Mil. Therefore, ECC Ventures 5's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.26.


ECC Ventures 5 Liabilities-to-Assets Historical Data

The historical data trend for ECC Ventures 5'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.

ECC Ventures 5 Liabilities-to-Assets Chart

ECC Ventures 5 Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.10 0.15 0.18

ECC Ventures 5 Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.41 0.18 0.26

Competitive Comparison of ECC Ventures 5's Liabilities-to-Assets

For the Shell Companies subindustry, ECC Ventures 5'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.


ECC Ventures 5's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ECC Ventures 5's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where ECC Ventures 5's Liabilities-to-Assets falls into.



ECC Ventures 5 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.

ECC Ventures 5'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
=0.012/0.066
=0.18

ECC Ventures 5'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
=0.012/0.047
=0.26

* 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.


ECC Ventures 5  (TSXV:ECCV.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.


ECC Ventures 5 Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of ECC Ventures 5's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


ECC Ventures 5 (TSXV:ECCV.P) Business Description

Traded in Other Exchanges
N/A
Address
1600 - 609 Granville Street, Vancouver, BC, CAN, V7Y 1C3
Website
ECC Ventures 5 Corp is a Canada-based capital pool company.

ECC Ventures 5 (TSXV:ECCV.P) Headlines

No Headlines