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Innovative Payment Solutions (Innovative Payment Solutions) Liabilities-to-Assets : 9.55 (As of Mar. 2024)


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What is Innovative Payment Solutions 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. Innovative Payment Solutions's Total Liabilities for the quarter that ended in Mar. 2024 was $8.56 Mil. Innovative Payment Solutions's Total Assets for the quarter that ended in Mar. 2024 was $0.90 Mil. Therefore, Innovative Payment Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 9.55.


Innovative Payment Solutions Liabilities-to-Assets Historical Data

The historical data trend for Innovative Payment Solutions'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.

Innovative Payment Solutions Liabilities-to-Assets Chart

Innovative Payment Solutions Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 23.96 0.45 2.44 10.41

Innovative Payment Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.58 4.57 9.60 10.41 9.55

Competitive Comparison of Innovative Payment Solutions's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Innovative Payment Solutions'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.


Innovative Payment Solutions's Liabilities-to-Assets Distribution in the Software Industry

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

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



Innovative Payment Solutions 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.

Innovative Payment Solutions'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
=8.383/0.805
=10.41

Innovative Payment Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=8.564/0.897
=9.55

* 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.


Innovative Payment Solutions  (OTCPK:IPSI) 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.


Innovative Payment Solutions Liabilities-to-Assets Related Terms

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Innovative Payment Solutions (Innovative Payment Solutions) Business Description

Traded in Other Exchanges
N/A
Address
56B 5th Street, Lot 1, Suite AT, Carmel by the Sea, CA, USA, 93921
Innovative Payment Solutions Inc provides an integrated network of kiosks, terminals, and payment channels that enable consumers to deposit cash, convert it into a digital form, and remit the funds to any merchant in its network quickly and securely.
Executives
Richard Rosenblum 10 percent owner, other: President and CFO 19 HORIZON DRIVE, WAYNE NJ 07470
David F Rios director 14924 DIDUCA WAY, LOS GATOS CA 95032
Clifford W. Henry director PO BOX 1148, ZEPHYR COVE NV 89449-1148
Madisson Gracee Corbett director 19355 BUSINESS CENTER DRIVE., #9, NORTHRIDGE CA 91324
James W Fuller director C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Andrey Novikov director, officer: CHIEF TECHNOLOGY OFFICER 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
William D. Corbett director, officer: Chief Executive Officer 1720 W DIVISION STREET, 3RD FLOOR, CHICAGO IL 606622
Jimmy I Gibbs 10 percent owner 9855 WARREN H. ABERNATHY HIGHWAY, SPARTANBURG SC 29301
Mark John Korb officer: Chief Financial Officer 1900 GLADES ROAD, SUITE 435, BOCA RATON FL 33431
Gaston Singh Pereira director, officer: Chairman of the Board and CEO 1900 GLADES ROAD, SUITE 265, BOCA RATON FL 33431
Sarmad Singh Harake director 1900 GLADES ROAD, SUITE 265, BOCA RATON NY 33431

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