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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Liabilities-to-Assets : 1.48 (As of Sep. 2023)


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What is Brite-Strike Tactical Illumination Products 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. Brite-Strike Tactical Illumination Products's Total Liabilities for the quarter that ended in Sep. 2023 was $0.18 Mil. Brite-Strike Tactical Illumination Products's Total Assets for the quarter that ended in Sep. 2023 was $0.12 Mil. Therefore, Brite-Strike Tactical Illumination Products's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 1.48.


Brite-Strike Tactical Illumination Products Liabilities-to-Assets Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Liabilities-to-Assets Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Liabilities-to-Assets
0.80 0.16 0.12 0.13 0.09

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.11 0.12 0.09 1.48

Competitive Comparison of Brite-Strike Tactical Illumination Products's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Liabilities-to-Assets falls into.



Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Liabilities-to-Assets (A: Dec. 2015 )=Total Liabilities/Total Assets
=0.034/0.373
=0.09

Brite-Strike Tactical Illumination Products'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
=0.177/0.12
=1.48

* 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.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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.


Brite-Strike Tactical Illumination Products Liabilities-to-Assets Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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