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. SAI.TECH Global's Total Liabilities for the quarter that ended in Dec. 2023 was $1.26 Mil. SAI.TECH Global's Total Assets for the quarter that ended in Dec. 2023 was $18.08 Mil.
Therefore, SAI.TECH Global's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.07.
SAI.TECH Global Liabilities-to-Assets Historical Data
The historical data trend for SAI.TECH Global'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.
Competitive Comparison of SAI.TECH Global's Liabilities-to-Assets
For the Capital Markets subindustry, SAI.TECH Global'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.
SAI.TECH Global's Liabilities-to-Assets Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where SAI.TECH Global's Liabilities-to-Assets falls into.
SAI.TECH Global 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.
SAI.TECH Global's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
SAI.TECH Global (NAS:SAI) 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.
SAI.TECH Global Liabilities-to-Assets Related Terms
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SAI.TECH Global (SAI.TECH Global) Business Description
SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.
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