GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuga Innovations Inc (OTCPK:TUGAF) » Definitions » Liabilities-to-Assets

TUGAF (Tuga Innovations) Liabilities-to-Assets : 27.71 (As of Jan. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Tuga Innovations 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. Tuga Innovations's Total Liabilities for the quarter that ended in Jan. 2025 was $1.16 Mil. Tuga Innovations's Total Assets for the quarter that ended in Jan. 2025 was $0.04 Mil. Therefore, Tuga Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2025 was 27.71.


Tuga Innovations Liabilities-to-Assets Historical Data

The historical data trend for Tuga Innovations'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.

Tuga Innovations Liabilities-to-Assets Chart

Tuga Innovations Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Liabilities-to-Assets
0.23 0.14 5.32 20.38

Tuga Innovations Quarterly Data
Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.40 13.05 20.38 26.52 27.71

Competitive Comparison of Tuga Innovations's Liabilities-to-Assets

For the Auto Manufacturers subindustry, Tuga Innovations'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.


Tuga Innovations's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuga Innovations's Liabilities-to-Assets distribution charts can be found below:

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


;
;

Tuga Innovations 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.

Tuga Innovations's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Liabilities-to-Assets (A: Jul. 2024 )=Total Liabilities/Total Assets
=1.08/0.053
=20.38

Tuga Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2025 is calculated as

Liabilities-to-Assets (Q: Jan. 2025 )=Total Liabilities/Total Assets
=1.164/0.042
=27.71

* 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.


Tuga Innovations  (OTCPK:TUGAF) 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.


Tuga Innovations Liabilities-to-Assets Related Terms

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


Tuga Innovations Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Tuga Innovations Inc is a development-stage electric vehicle company involved in the conception, design, and production of specialized EVs to improve the urban mobility experience. It is engaged in the reduction of urban mobility difficulties by developing a three-wheeled, fully electric fore-and-aft 2-seat vehicle.

Tuga Innovations Headlines

From GuruFocus

TUGA Introduces Family of Urban Mobility Solutions

By PurpleRose PurpleRose 08-11-2022

TUGA Engages Composite Specialists for Advanced R&D

By GuruFocusNews GuruFocusNews 02-10-2022

TUGA Innovations Releases Video of Prototype in Action

By GuruFocusNews GuruFocusNews 02-01-2022

TUGA Appoints Transportation Industry Leader to Advisory Board

By GuruFocusNews GuruFocusNews 06-06-2022

TUGA Updates Commercial Strategy

By PurpleRose PurpleRose 08-02-2022

TUGA Introduces Head of Engineering

By GuruFocusNews GuruFocusNews 06-04-2022

TUGA Receives DTC Eligibility for US Investors

By GuruFocusNews GuruFocusNews 05-04-2022

TUGA Appoints Transportation Industry Leader to Advisory Board

By GuruFocusNews GuruFocusNews 06-16-2022

TUGA Welcomes Lucas Leonardi to Board of Directors

By Value_Insider Value_Insider 10-14-2022