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Huddlestock Fintech AS (OSL:HUDL) Liabilities-to-Assets : 0.41 (As of Dec. 2023)


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What is Huddlestock Fintech AS 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. Huddlestock Fintech AS's Total Liabilities for the quarter that ended in Dec. 2023 was kr108.02 Mil. Huddlestock Fintech AS's Total Assets for the quarter that ended in Dec. 2023 was kr263.75 Mil. Therefore, Huddlestock Fintech AS's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.41.


Huddlestock Fintech AS Liabilities-to-Assets Historical Data

The historical data trend for Huddlestock Fintech AS'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.

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Huddlestock Fintech AS Liabilities-to-Assets Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.09 0.06 0.27 0.31 0.41

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 0.25 0.31 0.45 0.45 0.41

Competitive Comparison of Huddlestock Fintech AS's Liabilities-to-Assets

For the Software - Application subindustry, Huddlestock Fintech AS'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.


Huddlestock Fintech AS's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Huddlestock Fintech AS's Liabilities-to-Assets distribution charts can be found below:

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



Huddlestock Fintech AS 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.

Huddlestock Fintech AS'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
=108.015/263.751
=0.41

Huddlestock Fintech AS'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
=108.015/263.751
=0.41

* 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.


Huddlestock Fintech AS  (OSL:HUDL) 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.


Huddlestock Fintech AS Liabilities-to-Assets Related Terms

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Huddlestock Fintech AS (OSL:HUDL) Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform. It has two main products: Apex (Custody) and Bedrock (Connectivity).

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