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KWESST Micro Systems (TSXV:KWE) Liabilities-to-Assets : 0.53 (As of Jun. 2024)


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What is KWESST Micro Systems 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. KWESST Micro Systems's Total Liabilities for the quarter that ended in Jun. 2024 was C$3.60 Mil. KWESST Micro Systems's Total Assets for the quarter that ended in Jun. 2024 was C$6.74 Mil. Therefore, KWESST Micro Systems's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.53.


KWESST Micro Systems Liabilities-to-Assets Historical Data

The historical data trend for KWESST Micro Systems'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.

KWESST Micro Systems Liabilities-to-Assets Chart

KWESST Micro Systems Annual Data
Trend Sep21 Sep22 Sep23
Liabilities-to-Assets
0.30 1.14 0.67

KWESST Micro Systems Quarterly Data
Aug19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.67 0.67 0.60 0.89 0.53

Competitive Comparison of KWESST Micro Systems's Liabilities-to-Assets

For the Aerospace & Defense subindustry, KWESST Micro Systems'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.


KWESST Micro Systems's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KWESST Micro Systems's Liabilities-to-Assets distribution charts can be found below:

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



KWESST Micro Systems 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.

KWESST Micro Systems'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
=7.823/11.759
=0.67

KWESST Micro Systems's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=3.595/6.742
=0.53

* 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.


KWESST Micro Systems  (TSXV:KWE) 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.


KWESST Micro Systems Liabilities-to-Assets Related Terms

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KWESST Micro Systems Business Description

Traded in Other Exchanges
Address
155 Terence Matthews Crescent, Unit No. 1, Kanata, Ottawa, ON, CAN, K2M 2A8
KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.
Executives
David Luxton Director, Senior Officer
Harry Clarke Webster Senior Officer
Sean Joseph Homuth Senior Officer
Sol Global Investments Corp. 10% Security Holder
Steven Archambault Senior Officer

KWESST Micro Systems Headlines

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