Versus Systems Debt-to-Assets Ratio Growth & History (VS)
Versus Systems's debt-to-assets ratio was 0.03 for fiscal 2023.
View full Versus Systems company overviewVersus Systems annual debt-to-assets ratio history
2019
2020
2021
2022
2023
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.03 | −0.04 | −57.22% |
| 2022 | 2022-12-31 | 0.06 | 0.04 | +210.52% |
| 2021 | 2021-12-31 | 0.02 | −0.10 | −83.01% |
| 2020 | 2020-12-31 | 0.12 | −0.16 | −57.99% |
| 2019 | 2019-12-31 | 0.28 | — | — |
Versus Systems quarterly debt-to-assets ratio
Q4.21
Q2.22
Q3.22
Q4.22
Q1.23
Q4.23
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | 0.03 | −0.04 | −57.22% |
| Q1 2023 | 2023-03-31 | 0.01 | — | — |
| Q4 2022 | 2022-12-31 | 0.06 | 0.04 | +210.52% |
| Q3 2022 | 2022-09-30 | 0.01 | — | — |
| Q2 2022 | 2022-06-30 | 0.01 | — | — |
| Q4 2021 | 2021-12-31 | 0.02 | — | — |
Versus Systems debt-to-assets ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Versus Systems's debt-to-assets ratio decreased from 0.28 to 0.03, a change of −0.25. The latest reported quarter, Q4 2023, shows 0.03.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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