VXIT (VirExit Technologies) Liabilities-to-Assets : 62.86 (As of May. 2019)

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What is VirExit Technologies Liabilities-to-Assets?

VirExit Technologies VXIT +33.33% Liabilities-to-Assets is 62.86 as of May. 2019.

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. VirExit Technologies's Total Liabilities for the quarter that ended in May. 2019 was $3.08 Mil. VirExit Technologies's Total Assets for the quarter that ended in May. 2019 was $0.05 Mil. Therefore, VirExit Technologies's Liabilities-to-Assets Ratio for the quarter that ended in May. 2019 was 62.86.

VirExit Technologies  (OTCPK:VXIT) 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.

VirExit Technologies Liabilities-to-Assets Related Terms

VirExit Technologies Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for VirExit 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.

VirExit Technologies Liabilities-to-Assets Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Liabilities-to-Assets
0.07 5.12 7.72 21.71 201.79

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 246.00 201.79 30.18 108.32 62.86

VXIT vs RIHT, GEQU, NNUP: Liabilities-to-Assets Comparison

For the Utilities - Renewable subindustry, VirExit 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.

VirExit Technologies Liabilities-to-Assets vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, VirExit Technologies's Liabilities-to-Assets distribution charts can be found below:

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


VirExit 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.

VirExit Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2018 is calculated as:

Liabilities-to-Assets (A: Aug. 2018 )=Total Liabilities/Total Assets
=2.825/0.014
=201.79

VirExit Technologies's Liabilities-to-Assets Ratio for the quarter that ended in May. 2019 is calculated as

Liabilities-to-Assets (Q: May. 2019 )=Total Liabilities/Total Assets
=3.08/0.049
=62.86

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 62.86 mean?
VirExit Technologies (VXIT) has a Liabilities-to-Assets of 62.86 as of May. 2019. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on VirExit Technologies and its competitors.
Is VirExit Technologies' Liabilities-to-Assets too high?
VirExit Technologies' current Liabilities-to-Assets is 62.86.
How does VirExit Technologies' Liabilities-to-Assets compare to RIHT and GEQU?
VirExit Technologies' Liabilities-to-Assets of 62.86 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Utilities - Independent Power Producers company?
A good Liabilities-to-Assets depends on the Utilities - Independent Power Producers industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on VirExit Technologies and its competitors. VirExit Technologies's current Liabilities-to-Assets is 62.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Liabilities-to-Assets of 62.86. The current Liabilities-to-Assets is 62.86. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For VirExit Technologies (VXIT), the current Liabilities-to-Assets is 62.86 as of May. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.