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Plurilock Security (TSXV:PLUR) Liabilities-to-Assets : 1.16 (As of Dec. 2023)


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What is Plurilock Security 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. Plurilock Security's Total Liabilities for the quarter that ended in Dec. 2023 was C$31.47 Mil. Plurilock Security's Total Assets for the quarter that ended in Dec. 2023 was C$27.14 Mil. Therefore, Plurilock Security's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.16.


Plurilock Security Liabilities-to-Assets Historical Data

The historical data trend for Plurilock Security'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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Plurilock Security Liabilities-to-Assets Chart

Plurilock Security Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.96 0.25 0.63 0.90 1.16

Plurilock Security Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.92 0.96 1.04 1.16

Competitive Comparison of Plurilock Security's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Plurilock Security'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.


Plurilock Security's Liabilities-to-Assets Distribution in the Software Industry

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

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



Plurilock Security 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.

Plurilock Security'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
=31.471/27.136
=1.16

Plurilock Security'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
=31.471/27.136
=1.16

* 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.


Plurilock Security  (TSXV:PLUR) 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.


Plurilock Security Liabilities-to-Assets Related Terms

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Plurilock Security (TSXV:PLUR) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, MNP Tower, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Plurilock Security Inc is an identity-centric cybersecurity company that reduces or eliminates the need for passwords by measuring the pace, rhythm, and cadence of a user's keystrokes to confirm their identity. It has two operating segments, the Technology Division and the Solutions Division. The Technology division, operated under the legacy Plurilock brand, builds and operates Plurilock's own proprietary products. The Solutions division offers ASC's and INC's services and resells cybersecurity industry products and technologies to meet customer needs.
Executives
Jord Tanner Senior Officer

Plurilock Security (TSXV:PLUR) Headlines

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