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Light Media Holdings (Light Media Holdings) Liabilities-to-Assets

: 0.78 (As of Dec. 2021)
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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. Light Media Holdings's Total Liabilities for the quarter that ended in Dec. 2021 was $0.27 Mil. Light Media Holdings's Total Assets for the quarter that ended in Dec. 2021 was $0.35 Mil. Therefore, Light Media Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 was 0.78.


Light Media Holdings Liabilities-to-Assets Historical Data

The historical data trend for Light Media Holdings'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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Light Media Holdings Annual Data
Trend Dec21
Liabilities-to-Assets
0.78

Light Media Holdings Semi-Annual Data
Dec21
Liabilities-to-Assets 0.78

Competitive Comparison

For the Entertainment subindustry, Light Media Holdings'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.


Light Media Holdings Liabilities-to-Assets Distribution

For the Media - Diversified industry and Communication Services sector, Light Media Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Light Media Holdings 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.

Light Media Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=0.272/0.35
=0.78

Light Media Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 is calculated as

Liabilities-to-Assets (Q: Dec. 2021 )=Total Liabilities/Total Assets
=0.272/0.35
=0.78

* 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.


Light Media Holdings  (OTCPK:LGMH) 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.


Light Media Holdings Liabilities-to-Assets Related Terms

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Light Media Holdings (Light Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2365 Wall Street, Conyers, GA, USA, 30013
Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

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