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Guardforce AI Co (Guardforce AI Co) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


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What is Guardforce AI Co 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. Guardforce AI Co's Total Liabilities for the quarter that ended in Dec. 2023 was $20.66 Mil. Guardforce AI Co's Total Assets for the quarter that ended in Dec. 2023 was $45.82 Mil. Therefore, Guardforce AI Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


Guardforce AI Co Liabilities-to-Assets Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co Liabilities-to-Assets Chart

Guardforce AI Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.97 1.06 0.84 0.69 0.45

Guardforce AI Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.84 0.57 0.69 0.61 0.45

Competitive Comparison of Guardforce AI Co's Liabilities-to-Assets

For the Security & Protection Services subindustry, Guardforce AI Co'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.


Guardforce AI Co's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Liabilities-to-Assets distribution charts can be found below:

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



Guardforce AI Co 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.

Guardforce AI Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=20.662/45.815
=0.45

Guardforce AI Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=20.662/45.815
=0.45

* 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.


Guardforce AI Co  (NAS:GFAI) 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.


Guardforce AI Co Liabilities-to-Assets Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Traded in Other Exchanges
N/A
Address
10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903
Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.