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Hubify (ASX:HFY) Liabilities-to-Assets : 0.44 (As of Dec. 2023)


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What is Hubify 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. Hubify's Total Liabilities for the quarter that ended in Dec. 2023 was A$7.21 Mil. Hubify's Total Assets for the quarter that ended in Dec. 2023 was A$16.58 Mil. Therefore, Hubify's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.44.


Hubify Liabilities-to-Assets Historical Data

The historical data trend for Hubify'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.

Hubify Liabilities-to-Assets Chart

Hubify Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.34 0.42 0.27 0.42 0.42

Hubify Semi-Annual Data
Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only 0.28 0.42 0.44 0.42 0.44

Competitive Comparison of Hubify's Liabilities-to-Assets

For the Telecom Services subindustry, Hubify'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.


Hubify's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hubify's Liabilities-to-Assets distribution charts can be found below:

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



Hubify 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.

Hubify'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
=8.482/20.124
=0.42

Hubify'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
=7.207/16.58
=0.43

* 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.


Hubify  (ASX:HFY) 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.


Hubify Liabilities-to-Assets Related Terms

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Hubify (ASX:HFY) Business Description

Traded in Other Exchanges
N/A
Address
65 Epping Road, Suite 1.01, Level 1, Macquarie Park, Sydney, NSW, AUS, 2113
Hubify Ltd provides telecommunications services. It offers data management, fleet management, office broadband, digital phone, and other services. The company's product Global SIM is a prepaid service, which has no lock-in contract and no bill shock. It offers overseas travel with a low-cost international roaming SIM card. Its primary business segment is telecommunications namely voice, data, and value-added services. Geographically, it operates within Australia.

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