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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Liabilities-to-Assets : 6.70 (As of Dec. 2023)


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What is MultiMetaVerse Holdings 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. MultiMetaVerse Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was $35.87 Mil. MultiMetaVerse Holdings's Total Assets for the quarter that ended in Dec. 2023 was $5.36 Mil. Therefore, MultiMetaVerse Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 6.70.


MultiMetaVerse Holdings Liabilities-to-Assets Historical Data

The historical data trend for MultiMetaVerse 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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MultiMetaVerse Holdings Liabilities-to-Assets Chart

MultiMetaVerse Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
9.98 0.05 3.51 6.70

MultiMetaVerse Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.05 2.15 3.51 5.45 6.70

Competitive Comparison of MultiMetaVerse Holdings's Liabilities-to-Assets

For the Entertainment subindustry, MultiMetaVerse 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.


MultiMetaVerse Holdings's Liabilities-to-Assets Distribution in the Media - Diversified Industry

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

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



MultiMetaVerse 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.

MultiMetaVerse Holdings'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
=35.867/5.355
=6.70

MultiMetaVerse Holdings'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
=35.867/5.355
=6.70

* 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.


MultiMetaVerse Holdings  (NAS:MMV) 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.


MultiMetaVerse Holdings Liabilities-to-Assets Related Terms

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MultiMetaVerse Holdings (MultiMetaVerse Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 718, Lingshi Road, Building D3, Jingan District, Shanghai, CHN, 200072
Website
MultiMetaVerse Holdings Ltd is an animation and entertainment company. It is devoted to establishing an open community for its global users comprised of animation viewers, game players, and content creators and to providing high-quality and immersive entertainment experiences by way of original content, user-generated content, and professional user-generated content.