GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Marvion Inc (OTCPK:MVNCD) » Definitions » Liabilities-to-Assets

Marvion (Marvion) Liabilities-to-Assets : 2.17 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Marvion 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. Marvion's Total Liabilities for the quarter that ended in Mar. 2024 was $19.64 Mil. Marvion's Total Assets for the quarter that ended in Mar. 2024 was $9.04 Mil. Therefore, Marvion's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 2.17.


Marvion Liabilities-to-Assets Historical Data

The historical data trend for Marvion'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.

Marvion Liabilities-to-Assets Chart

Marvion Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.33 1.33 8.45 1.41 2.08

Marvion Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.50 3.00 1.67 2.08 2.17

Competitive Comparison of Marvion's Liabilities-to-Assets

For the Entertainment subindustry, Marvion'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.


Marvion's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marvion's Liabilities-to-Assets distribution charts can be found below:

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



Marvion 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.

Marvion'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
=19.646/9.453
=2.08

Marvion's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=19.643/9.035
=2.17

* 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.


Marvion  (OTCPK:MVNCD) 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.


Marvion Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Marvion's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Marvion (Marvion) Business Description

Traded in Other Exchanges
N/A
Address
3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190
Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.

Marvion (Marvion) Headlines

From GuruFocus

Marvion rounds up 2022 and is poised for greater growth in 2023

By PRNewswire PRNewswire 12-29-2022