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BuildDirect.com Technologies (TSXV:BILD) Liabilities-to-Assets : 0.84 (As of Dec. 2023)


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What is BuildDirect.com Technologies 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. BuildDirect.com Technologies's Total Liabilities for the quarter that ended in Dec. 2023 was C$28.41 Mil. BuildDirect.com Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$34.02 Mil. Therefore, BuildDirect.com Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.84.


BuildDirect.com Technologies Liabilities-to-Assets Historical Data

The historical data trend for BuildDirect.com Technologies'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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BuildDirect.com Technologies Liabilities-to-Assets Chart

BuildDirect.com Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
1.20 0.71 0.78 0.84

BuildDirect.com Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.78 0.78 0.80 0.79 0.84

Competitive Comparison of BuildDirect.com Technologies's Liabilities-to-Assets

For the Internet Content & Information subindustry, BuildDirect.com Technologies'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.


BuildDirect.com Technologies's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuildDirect.com Technologies's Liabilities-to-Assets distribution charts can be found below:

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



BuildDirect.com Technologies 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.

BuildDirect.com Technologies'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
=28.407/34.02
=0.84

BuildDirect.com Technologies'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
=28.407/34.02
=0.84

* 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.


BuildDirect.com Technologies  (TSXV:BILD) 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.


BuildDirect.com Technologies Liabilities-to-Assets Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4
BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.
Executives
Milan Roy Director

BuildDirect.com Technologies (TSXV:BILD) Headlines

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