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Rainmaker Worldwide (Rainmaker Worldwide) Liabilities-to-Assets : 31.90 (As of Mar. 2024)


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What is Rainmaker Worldwide 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. Rainmaker Worldwide's Total Liabilities for the quarter that ended in Mar. 2024 was $11.52 Mil. Rainmaker Worldwide's Total Assets for the quarter that ended in Mar. 2024 was $0.36 Mil. Therefore, Rainmaker Worldwide's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 31.90.


Rainmaker Worldwide Liabilities-to-Assets Historical Data

The historical data trend for Rainmaker Worldwide'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.

Rainmaker Worldwide Liabilities-to-Assets Chart

Rainmaker Worldwide Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 6.64 26.79 240.54 354.13

Rainmaker Worldwide Quarterly Data
Sep16 Dec16 Mar17 Jun17 Dec19 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 262.65 117.87 347.13 354.13 31.90

Competitive Comparison of Rainmaker Worldwide's Liabilities-to-Assets

For the Pollution & Treatment Controls subindustry, Rainmaker Worldwide'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.


Rainmaker Worldwide's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rainmaker Worldwide's Liabilities-to-Assets distribution charts can be found below:

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



Rainmaker Worldwide 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.

Rainmaker Worldwide'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
=10.978/0.031
=354.13

Rainmaker Worldwide'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
=11.515/0.361
=31.90

* 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.


Rainmaker Worldwide  (OTCPK:RAKR) 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.


Rainmaker Worldwide Liabilities-to-Assets Related Terms

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Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
271 Brock Street, Peterborough, ON, CAN, K9H 2P8
Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.