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Everybody Loves Languages (TSXV:ELL) Liabilities-to-Assets : 0.22 (As of Sep. 2021)


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What is Everybody Loves Languages 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. Everybody Loves Languages's Total Liabilities for the quarter that ended in Sep. 2021 was C$0.50 Mil. Everybody Loves Languages's Total Assets for the quarter that ended in Sep. 2021 was C$2.33 Mil. Therefore, Everybody Loves Languages's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 0.22.


Everybody Loves Languages Liabilities-to-Assets Historical Data

The historical data trend for Everybody Loves Languages'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.

Everybody Loves Languages Liabilities-to-Assets Chart

Everybody Loves Languages Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.64 0.57 0.61 0.22

Everybody Loves Languages Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.41 0.22 0.27 0.21 0.22

Competitive Comparison of Everybody Loves Languages's Liabilities-to-Assets

For the Education & Training Services subindustry, Everybody Loves Languages'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.


Everybody Loves Languages's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Liabilities-to-Assets distribution charts can be found below:

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



Everybody Loves Languages 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.

Everybody Loves Languages's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=0.529/2.396
=0.22

Everybody Loves Languages's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )=Total Liabilities/Total Assets
=0.504/2.33
=0.22

* 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.


Everybody Loves Languages  (TSXV:ELL) 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.


Everybody Loves Languages Liabilities-to-Assets Related Terms

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Everybody Loves Languages (TSXV:ELL) Business Description

Traded in Other Exchanges
N/A
Address
20 Bay Street, 11th Floor, Toronto, ON, CAN, M5J 2N8
Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.

Everybody Loves Languages (TSXV:ELL) Headlines

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