Nutritional Growth Solutions (ASX:NGS) Liabilities-to-Assets : 1.19 (As of Dec. 2023)

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

What is Nutritional Growth Solutions 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. Nutritional Growth Solutions's Total Liabilities for the quarter that ended in Dec. 2023 was A$1.66 Mil. Nutritional Growth Solutions's Total Assets for the quarter that ended in Dec. 2023 was A$1.40 Mil. Therefore, Nutritional Growth Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.19.

Nutritional Growth Solutions Liabilities-to-Assets Historical Data

The historical data trend for Nutritional Growth Solutions'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.

Nutritional Growth Solutions Liabilities-to-Assets Chart

Nutritional Growth Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.17

0.18

0.32

1.19

Nutritional Growth Solutions Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			0.18	0.29	0.32	0.60	1.19

Competitive Comparison of Nutritional Growth Solutions's Liabilities-to-Assets

For the Packaged Foods subindustry, Nutritional Growth Solutions'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.

Nutritional Growth Solutions's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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

Nutritional Growth Solutions 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.

Nutritional Growth Solutions'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
	=	1.663	/	1.398
	=	1.19

Nutritional Growth Solutions'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
	=	1.663	/	1.398
	=	1.19

Nutritional Growth Solutions (ASX:NGS) 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.

Nutritional Growth Solutions Liabilities-to-Assets Related Terms

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

Nutritional Growth Solutions (ASX:NGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nutritional Growth Solutions Ltd (ASX:NGS) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068

Website

https://www.ngsolutions.co

Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.