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Hypercharge Networks (TSXV:HC) Liabilities-to-Assets : 0.31 (As of Dec. 2023)


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What is Hypercharge Networks 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. Hypercharge Networks's Total Liabilities for the quarter that ended in Dec. 2023 was C$2.25 Mil. Hypercharge Networks's Total Assets for the quarter that ended in Dec. 2023 was C$7.39 Mil. Therefore, Hypercharge Networks's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.31.


Hypercharge Networks Liabilities-to-Assets Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Liabilities-to-Assets Chart

Hypercharge Networks Annual Data
Trend Aug21
Liabilities-to-Assets
0.32

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.24 0.21 0.27 0.31

Competitive Comparison of Hypercharge Networks's Liabilities-to-Assets

For the Auto Parts subindustry, Hypercharge Networks'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.


Hypercharge Networks's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hypercharge Networks's Liabilities-to-Assets distribution charts can be found below:

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



Hypercharge Networks 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.

Hypercharge Networks's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2021 is calculated as:

Liabilities-to-Assets (A: Aug. 2021 )=Total Liabilities/Total Assets
=1.037/3.284
=0.32

Hypercharge Networks'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
=2.25/7.385
=0.30

* 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.


Hypercharge Networks  (TSXV:HC) 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.


Hypercharge Networks Liabilities-to-Assets Related Terms

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Hypercharge Networks (TSXV:HC) Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.
Executives
Jason Baybutt Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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