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Ameritrust Financial Technologies (TSXV:AMT) Liabilities-to-Assets : 0.56 (As of Dec. 2024)


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What is Ameritrust Financial Technologies 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. Ameritrust Financial Technologies's Total Liabilities for the quarter that ended in Dec. 2024 was C$7.00 Mil. Ameritrust Financial Technologies's Total Assets for the quarter that ended in Dec. 2024 was C$12.62 Mil. Therefore, Ameritrust Financial Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.56.


Ameritrust Financial Technologies Liabilities-to-Assets Historical Data

The historical data trend for Ameritrust Financial Technologies'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.

Ameritrust Financial Technologies Liabilities-to-Assets Chart

Ameritrust Financial Technologies Annual Data
Trend Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.78 0.57 2.98 0.56

Ameritrust Financial Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 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 2.98 3.66 4.13 4.45 0.56

Competitive Comparison of Ameritrust Financial Technologies's Liabilities-to-Assets

For the Software - Application subindustry, Ameritrust Financial Technologies'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.


Ameritrust Financial Technologies's Liabilities-to-Assets Distribution in the Software Industry

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

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


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Ameritrust Financial Technologies 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.

Ameritrust Financial Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=6.998/12.619
=0.55

Ameritrust Financial Technologies'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
=6.998/12.619
=0.55

* 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.


Ameritrust Financial Technologies  (TSXV:AMT) 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.


Ameritrust Financial Technologies Liabilities-to-Assets Related Terms

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Ameritrust Financial Technologies Business Description

Traded in Other Exchanges
Address
1100 Burloak Drive, Suite 300, Burlington, ON, CAN, L7L 6B2
Ameritrust Financial Technologies Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance, and lease new and used vehicles, which includes real-time appraisal services, market information, and financing solutions.
Executives
Euwye Chan Senior Officer
Jamie Andrew Chown Senior Officer
Bruce Ira Polkes Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kelly David Michael Jennings Director, Senior Officer
Jon Noll Lamb Senior Officer
Ivan Buzbuzian Director
Newbridge Capital 10% Security Holder
Andrea Lyon Parliament-o'flaherty Director
Derek Wasson 10% Security Holder, Director, Senior Officer