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EnerTeck (EnerTeck) Liabilities-to-Assets : 40.56 (As of Sep. 2023)


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What is EnerTeck 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. EnerTeck's Total Liabilities for the quarter that ended in Sep. 2023 was $12.98 Mil. EnerTeck's Total Assets for the quarter that ended in Sep. 2023 was $0.32 Mil. Therefore, EnerTeck's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 40.56.


EnerTeck Liabilities-to-Assets Historical Data

The historical data trend for EnerTeck'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.

EnerTeck Liabilities-to-Assets Chart

EnerTeck Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.85 31.48 26.56 40.35 38.42

EnerTeck Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 30.57 38.42 34.09 35.55 40.56

Competitive Comparison of EnerTeck's Liabilities-to-Assets

For the Specialty Chemicals subindustry, EnerTeck'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.


EnerTeck's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, EnerTeck's Liabilities-to-Assets distribution charts can be found below:

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



EnerTeck 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.

EnerTeck's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=12.103/0.315
=38.42

EnerTeck's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=12.98/0.32
=40.56

* 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.


EnerTeck  (OTCPK:ETCK) 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.


EnerTeck Liabilities-to-Assets Related Terms

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EnerTeck (EnerTeck) Business Description

Traded in Other Exchanges
N/A
Address
10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
Executives
Jack Douglas Cowles director 30 LANSDOWNE DRIVE, LARCHMONT NY 10538
Richard Dicks officer: Chief Financial Officer 10701 CORPORATE DRIVE, SUITE 150, STAFFORD CA 77477
Gary Byron Aman director 6119 APPLE VALLEY LANE, HOUSTON TX 77069
Darrell Dwaine Reese director, 10 percent owner, officer: Chief Executive Officer 2206 COUNTRY CREEK WAY, RICHMOND TX 77469-6639
Thomas Donino director, 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Bioenergy Llc 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Management Lp 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Stanley Crow officer: President 1410 ANDOVER STREET, LIVINGSTON TX 77351
Parrish Brian Ketchmark director, 10 percent owner, officer: President P.O. BOX 256, NORWOOD NJ 07648-0256