GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NetBrands Corp (OTCPK:NBND) » Definitions » Liabilities-to-Assets

NetBrands (NetBrands) Liabilities-to-Assets : 42.80 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is NetBrands 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. NetBrands's Total Liabilities for the quarter that ended in Mar. 2024 was $2.14 Mil. NetBrands's Total Assets for the quarter that ended in Mar. 2024 was $0.05 Mil. Therefore, NetBrands's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 42.80.


NetBrands Liabilities-to-Assets Historical Data

The historical data trend for NetBrands'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.

NetBrands Liabilities-to-Assets Chart

NetBrands Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.26 1.09 0.89 1.73 125.53

NetBrands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 2.03 2.79 3.56 125.53 42.80

Competitive Comparison of NetBrands's Liabilities-to-Assets

For the Packaged Foods subindustry, NetBrands'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.


NetBrands's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NetBrands's Liabilities-to-Assets distribution charts can be found below:

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



NetBrands 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.

NetBrands'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
=1.883/0.015
=125.53

NetBrands'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
=2.14/0.05
=42.80

* 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.


NetBrands  (OTCPK:NBND) 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.


NetBrands Liabilities-to-Assets Related Terms

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


NetBrands (NetBrands) Business Description

Traded in Other Exchanges
N/A
Address
4042 Austin Boulevard, Suite B Island Park, New York, NY, USA, 11558
NetBrands Corp operates as a global diversified holdings company through several divisions. One of its divisions markets and sells multi-line consumer packaged goods (CPG) with branded product lines on a global basis. Another division acquires e-commerce assets as well as private businesses in various verticals and scales them up.
Executives
Paul Adler director, 10 percent owner, officer: President, Secretary and CEO 4042 AUSTIN BOULEVARD SUITE B, ISLAND PARK NY 11558
David Natan director 11190 BISCAYNE BLVD, MIAMI FL 33181
Michael Cascione director 1309 SHELBOURNE AVE, MAMARONECK NY 10543
Sandra G. Williams director 122 SCHOOL ST., FRAMINGHAM MA 01701
James Curtis Donegan director 6080 S. CHESTER WAY, GREENWOOD VILLAGE CO 80111
James M Cassidy other: frmer dir., officer: 5% sh 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: frmer dir., officer: 5% sh 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

NetBrands (NetBrands) Headlines