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Rivalry (Rivalry) Liabilities-to-Assets : 0.32 (As of Sep. 2023)


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What is Rivalry 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. Rivalry's Total Liabilities for the quarter that ended in Sep. 2023 was $2.16 Mil. Rivalry's Total Assets for the quarter that ended in Sep. 2023 was $6.71 Mil. Therefore, Rivalry's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.32.


Rivalry Liabilities-to-Assets Historical Data

The historical data trend for Rivalry'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.

Rivalry Liabilities-to-Assets Chart

Rivalry Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
0.11 0.04 0.19

Rivalry Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.19 0.25 0.25 0.32

Competitive Comparison of Rivalry's Liabilities-to-Assets

For the Gambling subindustry, Rivalry'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.


Rivalry's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rivalry's Liabilities-to-Assets distribution charts can be found below:

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



Rivalry 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.

Rivalry's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=2.47/13.291
=0.19

Rivalry's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=2.157/6.712
=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.


Rivalry  (OTCPK:RVLCF) 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.


Rivalry Liabilities-to-Assets Related Terms

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Rivalry (Rivalry) Business Description

Traded in Other Exchanges
Address
116 Spadina Avenue, Suite 701, Toronto, ON, CAN, M5V 2K6
Rivalry Corp is a Canada based company. The company operates in the Sportsbook segment and Gaming segment. Sportsbook generates revenues from esports and traditional sports betting. Gaming segment revenues are earned from originally developed and third-party casino products such as Rushlane and Aviator.