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Umax Group (Umax Group) Liabilities-to-Assets : 4.43 (As of Apr. 2018)


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What is Umax Group 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. Umax Group's Total Liabilities for the quarter that ended in Apr. 2018 was $0.09 Mil. Umax Group's Total Assets for the quarter that ended in Apr. 2018 was $0.02 Mil. Therefore, Umax Group's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 was 4.43.


Umax Group Liabilities-to-Assets Historical Data

The historical data trend for Umax Group'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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Umax Group Liabilities-to-Assets Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Liabilities-to-Assets
0.26 - 0.27 4.43

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Liabilities-to-Assets 0.26 - 0.27 4.43

Competitive Comparison of Umax Group's Liabilities-to-Assets

For the Entertainment subindustry, Umax Group'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.


Umax Group's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Umax Group's Liabilities-to-Assets distribution charts can be found below:

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



Umax Group 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.

Umax Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2018 is calculated as:

Liabilities-to-Assets (A: Apr. 2018 )=Total Liabilities/Total Assets
=0.093/0.021
=4.43

Umax Group's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 is calculated as

Liabilities-to-Assets (Q: Apr. 2018 )=Total Liabilities/Total Assets
=0.093/0.021
=4.43

* 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.


Umax Group  (OTCPK:UMAX) 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.


Umax Group Liabilities-to-Assets Related Terms

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Umax Group (Umax Group) Business Description

Traded in Other Exchanges
N/A
Address
2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.