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iMining Technologies (FRA:P1A) Liabilities-to-Assets : 0.01 (As of Feb. 2022)


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What is iMining 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. iMining Technologies's Total Liabilities for the quarter that ended in Feb. 2022 was €0.18 Mil. iMining Technologies's Total Assets for the quarter that ended in Feb. 2022 was €12.99 Mil. Therefore, iMining Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2022 was 0.01.


iMining Technologies Liabilities-to-Assets Historical Data

The historical data trend for iMining 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.

* Premium members only.

iMining Technologies Liabilities-to-Assets Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.03 0.25 16.09 0.02

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.58 0.02 0.01 0.02 0.01

Competitive Comparison of iMining Technologies's Liabilities-to-Assets

For the Capital Markets subindustry, iMining 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.


iMining Technologies's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's Liabilities-to-Assets distribution charts can be found below:

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



iMining 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.

iMining Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2021 is calculated as:

Liabilities-to-Assets (A: May. 2021 )=Total Liabilities/Total Assets
=0.171/11.178
=0.02

iMining Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2022 is calculated as

Liabilities-to-Assets (Q: Feb. 2022 )=Total Liabilities/Total Assets
=0.181/12.994
=0.01

* 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.


iMining Technologies  (FRA:P1A) 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.


iMining Technologies Liabilities-to-Assets Related Terms

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iMining Technologies (FRA:P1A) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

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