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Richtech Robotics (Richtech Robotics) Liabilities-to-Assets : 0.23 (As of Mar. 2024)


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What is Richtech Robotics 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. Richtech Robotics's Total Liabilities for the quarter that ended in Mar. 2024 was $3.00 Mil. Richtech Robotics's Total Assets for the quarter that ended in Mar. 2024 was $13.22 Mil. Therefore, Richtech Robotics's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.23.


Richtech Robotics Liabilities-to-Assets Historical Data

The historical data trend for Richtech Robotics'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.

Richtech Robotics Liabilities-to-Assets Chart

Richtech Robotics Annual Data
Trend Sep21 Sep22 Sep23
Liabilities-to-Assets
0.26 0.26 0.39

Richtech Robotics Quarterly Data
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 0.35 0.34 0.39 0.08 0.23

Competitive Comparison of Richtech Robotics's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Richtech Robotics'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.


Richtech Robotics's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Richtech Robotics's Liabilities-to-Assets distribution charts can be found below:

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



Richtech Robotics 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.

Richtech Robotics's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=3.044/7.853
=0.39

Richtech Robotics'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
=3.002/13.221
=0.23

* 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.


Richtech Robotics  (NAS:RR) 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.


Richtech Robotics Liabilities-to-Assets Related Terms

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Richtech Robotics (Richtech Robotics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4175 Cameron Street, Suite 1, Las Vegas, NV, USA, 89103
Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Richtech Robotics (Richtech Robotics) Headlines