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Toast (TOST) Liabilities-to-Assets : 0.39 (As of Dec. 2023)


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What is Toast 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. Toast's Total Liabilities for the quarter that ended in Dec. 2023 was $764 Mil. Toast's Total Assets for the quarter that ended in Dec. 2023 was $1,958 Mil. Therefore, Toast's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.39.


Toast Liabilities-to-Assets Historical Data

The historical data trend for Toast'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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Toast Liabilities-to-Assets Chart

Toast Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
2.08 1.61 0.37 0.38 0.39

Toast Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.39 0.40 0.37 0.39

Competitive Comparison of Toast's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Toast'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.


Toast's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Toast's Liabilities-to-Assets distribution charts can be found below:

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



Toast 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.

Toast'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
=764/1958
=0.39

Toast'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
=764/1958
=0.39

* 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.


Toast  (NYSE:TOST) 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.


Toast Liabilities-to-Assets Related Terms

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Toast (TOST) Business Description

Industry
Traded in Other Exchanges
Address
401 Park Drive, Suite 801, Boston, MA, USA, 02215
Toast is a U.S.-based restaurant technology company that provides point-of-sale, payment processing, and various software services to 99,000 restaurant locations across the United States at the end of September 2023. The firm generates sales from software subscription fees, as a percentage take rate from each financial transaction it processes, from loan origination and servicing fees from its Toast Capital arm, and from hardware installation and professional services. Unlike competitors, Toast intermediates every payment transaction on its platform, processing some $92 billion in gross platform volume in 2022. The firm's product offerings span point-of-sale systems, inventory and payroll management, delivery integration, e-commerce ordering, reservation management, and loyalty programs.
Executives
James Michael Matlock officer: Principal Accounting Officer TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Brian R Elworthy officer: General Counsel TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Aman Narang director, officer: See Remarks TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Elena Gomez officer: Chief Financial Officer TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Stephen Fredette director, officer: Co-President TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Christopher P Comparato director, officer: Chief Executive Officer TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Bessemer Venture Partners Ix L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
David Yuan director 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Richard Kent Bennett director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Technology Investment Dining Group, Llc 10 percent owner 18 BANK STREET, LEBANON NH 03766
Jonathan Grimm 10 percent owner, officer: Chief Technology Officer TOAST, INC., 401 PARK DRIVE, SUITE 801, BOSTON MA 02215
Paul D Bell director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Hmi Capital Management, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 4900, SAN FRANCISCO CA 94104
Hmi Capital Partners, L.p. 10 percent owner C/O HMI CAPITAL MANAGEMENT, L.P., 555 CALIFORNIA STREET, SUITE 4900, SAN FRANCISCO CA 94104