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Micron Solutions (Micron Solutions) Liabilities-to-Assets : 0.65 (As of Mar. 2023)


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What is Micron 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. Micron Solutions's Total Liabilities for the quarter that ended in Mar. 2023 was $7.51 Mil. Micron Solutions's Total Assets for the quarter that ended in Mar. 2023 was $11.50 Mil. Therefore, Micron Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.65.


Micron Solutions Liabilities-to-Assets Historical Data

The historical data trend for Micron 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.

* Premium members only.

Micron Solutions Liabilities-to-Assets Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.75 0.64 0.52 0.60

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.58 0.60 0.60 0.65

Competitive Comparison of Micron Solutions's Liabilities-to-Assets

For the Medical Devices subindustry, Micron 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.


Micron Solutions's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Liabilities-to-Assets distribution charts can be found below:

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



Micron 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.

Micron Solutions'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
=7.188/11.946
=0.60

Micron Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=7.509/11.504
=0.65

* 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.


Micron Solutions  (OTCPK:MICRD) 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.


Micron Solutions Liabilities-to-Assets Related Terms

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Micron Solutions (Micron Solutions) Business Description

Traded in Other Exchanges
N/A
Address
25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
Executives
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Wayne M Coll officer: CFO
Rodd Friedman director, 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Jason Russell Chambers director 4355 COBB PKWY, SUITE J BOX 269, ATLANTA 2Q 30339
Robert A Mello director C/O IRIS INTERNATIONAL, INC., 9158 ETON AVENUE, CHATSWORTH CA 91311
William J. Laursen director, officer: Chief Executive Officer 13 PENINSULA ROAD, HARVARD MA 01451
Andrei Soran director 28 LOTHROP STREET, NEWTON MA 02460
Bryan Ganz director C/O ARRHYTHMIA RESEARCH TECHNOLOGY, INC., 25 SAWYER PASSWAY, FITCHBURG MA 01420
Ref Securities & Co. 10 percent owner 12 SOUTH MAIN STREET, SUITE 203, NORWALK CT 06854
Marco Benedetti director 9645 WEHRLE DRIVE, CLARENCE NY 14031
Salvatore Jr Emma director, officer: PRESIDENT and CEO 20 LONGLEY ROAD, SHIRLEY MA 01464
Derek Thomas Welch officer: Prin.Financial & Accounting 405 NEW WEST TOWNSEND ROAD, LUNENBURG MA 01462
Patrick L Muldoon director 215 HUBBARDSTON ROAD, PRINCETON MA 01541
Michael S Gunter director 104 CAMBRIDGE PLAZA DRIVE, WINSTON-SALEM NC 27104
Michael Francis Nolan officer: Chief Operating Officer 25 SAWYER PASSWAY, FITCHBURG MA 01420

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