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Puissant Industries (Puissant Industries) Liabilities-to-Assets : 0.14 (As of Dec. 2013)


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What is Puissant Industries 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. Puissant Industries's Total Liabilities for the quarter that ended in Dec. 2013 was $0.11 Mil. Puissant Industries's Total Assets for the quarter that ended in Dec. 2013 was $0.78 Mil. Therefore, Puissant Industries's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 was 0.14.


Puissant Industries Liabilities-to-Assets Historical Data

The historical data trend for Puissant Industries'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.

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Puissant Industries Liabilities-to-Assets Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Liabilities-to-Assets
19.62 0.18 0.14 0.14

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Liabilities-to-Assets 19.62 0.18 0.14 0.14

Competitive Comparison of Puissant Industries's Liabilities-to-Assets

For the Capital Markets subindustry, Puissant Industries'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.


Puissant Industries's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Puissant Industries's Liabilities-to-Assets distribution charts can be found below:

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



Puissant Industries 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.

Puissant Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Liabilities-to-Assets (A: Dec. 2013 )=Total Liabilities/Total Assets
=0.105/0.778
=0.13

Puissant Industries's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 is calculated as

Liabilities-to-Assets (Q: Dec. 2013 )=Total Liabilities/Total Assets
=0.105/0.778
=0.13

* 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.


Puissant Industries  (OTCPK:PSSS) 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.


Puissant Industries Liabilities-to-Assets Related Terms

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Puissant Industries (Puissant Industries) Business Description

Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

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