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1414 Degrees (ASX:14D) Liabilities-to-Assets : 0.07 (As of Dec. 2023)


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What is 1414 Degrees 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. 1414 Degrees's Total Liabilities for the quarter that ended in Dec. 2023 was A$0.72 Mil. 1414 Degrees's Total Assets for the quarter that ended in Dec. 2023 was A$9.74 Mil. Therefore, 1414 Degrees's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.07.


1414 Degrees Liabilities-to-Assets Historical Data

The historical data trend for 1414 Degrees'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.

1414 Degrees Liabilities-to-Assets Chart

1414 Degrees Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.04 0.18 0.17 0.13 0.09

1414 Degrees Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.13 0.09 0.09 0.07

Competitive Comparison of 1414 Degrees's Liabilities-to-Assets

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.


1414 Degrees's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's Liabilities-to-Assets falls into.



1414 Degrees 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.

1414 Degrees's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=0.893/9.727
=0.09

1414 Degrees'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
=0.721/9.736
=0.07

* 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.


1414 Degrees  (ASX:14D) 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.


1414 Degrees Liabilities-to-Assets Related Terms

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1414 Degrees (ASX:14D) Business Description

Traded in Other Exchanges
N/A
Address
136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039
1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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