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ITCONS E-Solutions (BOM:543806) Liabilities-to-Assets : 0.17 (As of Sep. 2023)


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What is ITCONS E-Solutions 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. ITCONS E-Solutions's Total Liabilities for the quarter that ended in Sep. 2023 was ₹26.3 Mil. ITCONS E-Solutions's Total Assets for the quarter that ended in Sep. 2023 was ₹155.5 Mil. Therefore, ITCONS E-Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.17.


ITCONS E-Solutions Liabilities-to-Assets Historical Data

The historical data trend for ITCONS E-Solutions'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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ITCONS E-Solutions Liabilities-to-Assets Chart

ITCONS E-Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
0.72 0.69 0.52 0.16

ITCONS E-Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial 0.69 0.52 0.42 0.16 0.17

Competitive Comparison of ITCONS E-Solutions's Liabilities-to-Assets

For the Staffing & Employment Services subindustry, ITCONS E-Solutions'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.


ITCONS E-Solutions's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ITCONS E-Solutions's Liabilities-to-Assets distribution charts can be found below:

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



ITCONS E-Solutions 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.

ITCONS E-Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=22.954/144.517
=0.16

ITCONS E-Solutions'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
=26.31/155.549
=0.17

* 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.


ITCONS E-Solutions  (BOM:543806) 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.


ITCONS E-Solutions Liabilities-to-Assets Related Terms

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ITCONS E-Solutions (BOM:543806) Business Description

Traded in Other Exchanges
N/A
Address
Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301
ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

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