Critical Infrastructure Technologies (XCNQ:CTTT) Liabilities-to-Assets : 0.49 (As of Mar. 2024)

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What is Critical Infrastructure 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. Critical Infrastructure Technologies's Total Liabilities for the quarter that ended in Mar. 2024 was C$2.11 Mil. Critical Infrastructure Technologies's Total Assets for the quarter that ended in Mar. 2024 was C$4.27 Mil. Therefore, Critical Infrastructure Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.49.

Critical Infrastructure Technologies Liabilities-to-Assets Historical Data

The historical data trend for Critical Infrastructure 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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Critical Infrastructure Technologies Liabilities-to-Assets Chart

Critical Infrastructure Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Liabilities-to-Assets

1.27

0.67

0.42

Critical Infrastructure Technologies Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24
Liabilities-to-Assets	Get a 7-Day Free Trial			0.05	0.42	0.36	0.46	0.49

Competitive Comparison of Critical Infrastructure Technologies's Liabilities-to-Assets

For the Communication Equipment subindustry, Critical Infrastructure 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.

Critical Infrastructure Technologies's Liabilities-to-Assets Distribution in the Hardware Industry

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

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

Critical Infrastructure 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.

Critical Infrastructure Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )	=	Total Liabilities	/	Total Assets
	=	1.755	/	4.142
	=	0.42

Critical Infrastructure Technologies'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
	=	2.107	/	4.269
	=	0.49

Critical Infrastructure Technologies (XCNQ:CTTT) 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.

Critical Infrastructure Technologies Liabilities-to-Assets Related Terms

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Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1

Website

https://www.citech.com.au

Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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