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The OLB Group (The OLB Group) Liabilities-to-Assets : 0.39 (As of Mar. 2024)


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What is The OLB Group 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. The OLB Group's Total Liabilities for the quarter that ended in Mar. 2024 was $7.15 Mil. The OLB Group's Total Assets for the quarter that ended in Mar. 2024 was $18.28 Mil. Therefore, The OLB Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.39.


The OLB Group Liabilities-to-Assets Historical Data

The historical data trend for The OLB Group'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.

The OLB Group Liabilities-to-Assets Chart

The OLB Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.60 0.09 0.10 0.37

The OLB Group 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 0.14 0.14 0.17 0.37 0.39

Competitive Comparison of The OLB Group's Liabilities-to-Assets

For the Software - Infrastructure subindustry, The OLB Group'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.


The OLB Group's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, The OLB Group's Liabilities-to-Assets distribution charts can be found below:

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



The OLB Group 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.

The OLB Group'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
=7.384/19.728
=0.37

The OLB Group'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
=7.146/18.281
=0.39

* 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.


The OLB Group  (NAS:OLB) 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.


The OLB Group Liabilities-to-Assets Related Terms

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The OLB Group (The OLB Group) Business Description

Traded in Other Exchanges
N/A
Address
1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
Executives
Patrick G Smith officer: Vice President 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov director, 10 percent owner, officer: see remarks 1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog 10 percent owner C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst director 8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof director 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell director SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis director 96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc officer: Chief Financial Officer 6371 S. GLENOAKS STREET, MURRAY UT 84107