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LICT (LICT) Liabilities-to-Assets : 0.32 (As of Dec. 2018)


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What is LICT 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. LICT's Total Liabilities for the quarter that ended in Dec. 2018 was $64.7 Mil. LICT's Total Assets for the quarter that ended in Dec. 2018 was $205.1 Mil. Therefore, LICT's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2018 was 0.32.


LICT Liabilities-to-Assets Historical Data

The historical data trend for LICT'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.

LICT Liabilities-to-Assets Chart

LICT Annual Data
Trend Dec06 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.43 0.41 0.32 0.32

LICT Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.32 0.31 0.27 0.26 0.32

Competitive Comparison of LICT's Liabilities-to-Assets

For the Telecom Services subindustry, LICT'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.


LICT's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's Liabilities-to-Assets distribution charts can be found below:

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



LICT 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.

LICT's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Liabilities-to-Assets (A: Dec. 2018 )=Total Liabilities/Total Assets
=64.723/205.092
=0.32

LICT's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2018 is calculated as

Liabilities-to-Assets (Q: Dec. 2018 )=Total Liabilities/Total Assets
=64.723/205.092
=0.32

* 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.


LICT  (OTCPK:LICT) 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.


LICT Liabilities-to-Assets Related Terms

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LICT (LICT) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430
LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chief Executive Officer 191 MASON STREET, GREENWICH CT 06830
Marc Gabelli director, other: Resigned as director 5-6-04 401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno director, other: Resigned as director on2-20-04 TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership 10 percent owner

LICT (LICT) Headlines

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