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SatixFy Communications (SatixFy Communications) Liabilities-to-Assets : 2.08 (As of Dec. 2023)


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What is SatixFy Communications 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. SatixFy Communications's Total Liabilities for the quarter that ended in Dec. 2023 was $113.49 Mil. SatixFy Communications's Total Assets for the quarter that ended in Dec. 2023 was $54.70 Mil. Therefore, SatixFy Communications's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 2.08.


SatixFy Communications Liabilities-to-Assets Historical Data

The historical data trend for SatixFy Communications'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.

SatixFy Communications Liabilities-to-Assets Chart

SatixFy Communications Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
1.84 2.76 1.41 2.08

SatixFy Communications Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.41 2.72 4.24 2.08

Competitive Comparison of SatixFy Communications's Liabilities-to-Assets

For the Communication Equipment subindustry, SatixFy Communications'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.


SatixFy Communications's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SatixFy Communications's Liabilities-to-Assets distribution charts can be found below:

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



SatixFy Communications 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.

SatixFy Communications'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
=113.488/54.702
=2.07

SatixFy Communications's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=113.488/54.702
=2.07

* 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.


SatixFy Communications  (AMEX:SATX) 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.


SatixFy Communications Liabilities-to-Assets Related Terms

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SatixFy Communications (SatixFy Communications) Business Description

Traded in Other Exchanges
N/A
Address
12 Hamada Street, Rehovot, ISR, 670315
SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.

SatixFy Communications (SatixFy Communications) Headlines