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Veea (VEEA) Liabilities-to-Assets : 1.81 (As of Dec. 2024)


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What is Veea 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. Veea's Total Liabilities for the quarter that ended in Dec. 2024 was $38.12 Mil. Veea's Total Assets for the quarter that ended in Dec. 2024 was $21.09 Mil. Therefore, Veea's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 1.81.


Veea Liabilities-to-Assets Historical Data

The historical data trend for Veea'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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Veea Liabilities-to-Assets Chart

Veea Annual Data
Trend Dec23 Dec24
Liabilities-to-Assets
1.55 1.81

Veea Quarterly Data
Sep23 Dec23 Jun24 Sep24 Dec24
Liabilities-to-Assets - 1.55 1.56 1.18 1.81

Competitive Comparison of Veea's Liabilities-to-Assets

For the Information Technology Services subindustry, Veea'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.


Veea's Liabilities-to-Assets Distribution in the Software Industry

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

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


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Veea 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.

Veea'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
=38.118/21.094
=1.81

Veea'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
=38.118/21.094
=1.81

* 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.


Veea  (NAS:VEEA) 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.


Veea Liabilities-to-Assets Related Terms

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Veea Business Description

Industry
Traded in Other Exchanges
N/A
Address
164 East 83rd Street, New York, NY, USA, 10028
Veea Inc is a company providing edge platform having extensive knowledge and expertise on content delivery and edge computing, and has brought a broad range of Wi-Fi, 4G/5G mobile wireless, and IoT products to market over the past two decades. It has first-in-class VeeaHub smart computing hubs integrate a full range of connectivity options, application processing power, and a full security stack to form an elastic edge computing platform with a dynamic connectivity and application mesh that can easily be deployed and centrally managed from the cloud.