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KeyStar (KeyStar) Liabilities-to-Assets : 1.05 (As of Mar. 2024)


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What is KeyStar 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. KeyStar's Total Liabilities for the quarter that ended in Mar. 2024 was $10.67 Mil. KeyStar's Total Assets for the quarter that ended in Mar. 2024 was $10.16 Mil. Therefore, KeyStar's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 1.05.


KeyStar Liabilities-to-Assets Historical Data

The historical data trend for KeyStar'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.

KeyStar Liabilities-to-Assets Chart

KeyStar Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.91 1.02 7.86 1.03

KeyStar Quarterly Data
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 1.42 1.03 1.22 0.74 1.05

Competitive Comparison of KeyStar's Liabilities-to-Assets

For the Gambling subindustry, KeyStar'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.


KeyStar's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, KeyStar's Liabilities-to-Assets distribution charts can be found below:

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



KeyStar 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.

KeyStar'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
=15.736/15.303
=1.03

KeyStar'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
=10.672/10.158
=1.05

* 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.


KeyStar  (OTCPK:KEYR) 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.


KeyStar Liabilities-to-Assets Related Terms

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KeyStar (KeyStar) Business Description

Traded in Other Exchanges
N/A
Address
78 SW 7th Street, Suite 800, Miami, FL, USA, 33130
KeyStar Corp owns and operates ZenSports, a mobile gaming platform for consumers that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies.
Executives
Zensports, Inc. 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Mark Anthony Thomas 10 percent owner 78 SW 7TH STREET, SUITE 800, MIAMI FL 33130
Zixiao Chen director, 10 percent owner, officer: CFO and Treasurer 4616 W. SAHARA AVE., SUITE 256, LAS VEGAS NV 89103
Steven J Lane director, 10 percent owner, officer: President and CEO 9620 LAS VEGAS BLVD. S, STE E4-98, LAS VEGAS NV 89123

KeyStar (KeyStar) Headlines

From GuruFocus

KeyStar Corp. Closes $2.9M+ Round of Funding

By ACCESSWIRE ACCESSWIRE 05-11-2023

KeyStar Corp. Receives Tennessee Sports Betting License

By ACCESSWIRE ACCESSWIRE 05-25-2023

KeyStar Corp. Opens New Round of Funding

By ACCESSWIRE 07-24-2023

ZenSports Launches Sports Betting App in Tennessee

By ACCESSWIRE ACCESSWIRE 06-08-2023