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Hybrid Power Solutions (XCNQ:HPSS) Liabilities-to-Assets : 0.65 (As of Feb. 2024)


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What is Hybrid Power Solutions 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. Hybrid Power Solutions's Total Liabilities for the quarter that ended in Feb. 2024 was C$3.06 Mil. Hybrid Power Solutions's Total Assets for the quarter that ended in Feb. 2024 was C$4.68 Mil. Therefore, Hybrid Power Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.65.


Hybrid Power Solutions Liabilities-to-Assets Historical Data

The historical data trend for Hybrid Power 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.

* Premium members only.

Hybrid Power Solutions Liabilities-to-Assets Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23
Liabilities-to-Assets
1.45 1.79 1.77

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.77 1.96 1.48 0.65

Competitive Comparison of Hybrid Power Solutions's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Hybrid Power 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.


Hybrid Power Solutions's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Liabilities-to-Assets distribution charts can be found below:

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



Hybrid Power 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.

Hybrid Power Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Liabilities-to-Assets (A: May. 2023 )=Total Liabilities/Total Assets
=4.933/2.791
=1.77

Hybrid Power Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=3.057/4.684
=0.65

* 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.


Hybrid Power Solutions  (XCNQ:HPSS) 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.


Hybrid Power Solutions Liabilities-to-Assets Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

Comparable Companies
Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

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