WFTSF (Wavefront Technology Solutions) Liabilities-to-Assets : 0.66 (As of May. 2022)

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WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Liabilities-to-Assets?

Wavefront Technology Solutions WFTSF -99.00% 12 Liabilities-to-Assets is 0.66 as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

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. Wavefront Technology Solutions's Total Liabilities for the quarter that ended in May. 2022 was $1.12 Mil. Wavefront Technology Solutions's Total Assets for the quarter that ended in May. 2022 was $1.69 Mil. Therefore, Wavefront Technology Solutions's Liabilities-to-Assets Ratio for the quarter that ended in May. 2022 was 0.66.


Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions Liabilities-to-Assets Related Terms


Wavefront Technology Solutions Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Liabilities-to-Assets Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.20 0.21 0.45

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.42 0.45 0.45 0.55 0.66

WFTSF vs VYEY, ENSV, GWTI: Liabilities-to-Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions Liabilities-to-Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Liabilities-to-Assets distribution charts can be found below:

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


WFTSF
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Wavefront Technology Solutions Inc WFTSF
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Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2021 is calculated as:

Liabilities-to-Assets (A: Aug. 2021 )=Total Liabilities/Total Assets
=0.861/1.921
=0.45

Wavefront Technology Solutions's Liabilities-to-Assets Ratio for the quarter that ended in May. 2022 is calculated as

Liabilities-to-Assets (Q: May. 2022 )=Total Liabilities/Total Assets
=1.115/1.69
=0.66

* 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 0.66 mean?
Wavefront Technology Solutions (WFTSF) has a Liabilities-to-Assets of 0.66 as of May. 2022. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Liabilities-to-Assets too high?
Wavefront Technology Solutions' current Liabilities-to-Assets is 0.66. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Liabilities-to-Assets compare to VYEY and ENSV?
Wavefront Technology Solutions' Liabilities-to-Assets of 0.66 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas 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 Wavefront Technology Solutions and its competitors. Wavefront Technology Solutions's current Liabilities-to-Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Liabilities-to-Assets of 0.66. The current Liabilities-to-Assets is 0.66. Wavefront Technology Solutions' overall GF Score™ is 12/100. 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 Wavefront Technology Solutions (WFTSF), the current Liabilities-to-Assets is 0.66 as of May. 2022. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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