XTI Aerospace (XTI Aerospace) Liabilities-to-Assets : 0.72 (As of Dec. 2023)

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What is XTI Aerospace 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. XTI Aerospace's Total Liabilities for the quarter that ended in Dec. 2023 was $17.04 Mil. XTI Aerospace's Total Assets for the quarter that ended in Dec. 2023 was $23.77 Mil. Therefore, XTI Aerospace's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.72.

XTI Aerospace Liabilities-to-Assets Historical Data

The historical data trend for XTI Aerospace'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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XTI Aerospace Liabilities-to-Assets Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Liabilities-to-Assets

2.74

0.44

0.72

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Liabilities-to-Assets	2.74	0.44	0.72

Competitive Comparison of XTI Aerospace's Liabilities-to-Assets

For the Aerospace & Defense subindustry, XTI Aerospace'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.

XTI Aerospace's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, XTI Aerospace's Liabilities-to-Assets distribution charts can be found below:

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

XTI Aerospace 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.

XTI Aerospace's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	17.04	/	23.769
	=	0.72

XTI Aerospace's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	17.04	/	23.769
	=	0.72

XTI Aerospace (NAS:XTIA) 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.

XTI Aerospace Liabilities-to-Assets Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024