GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wide Open Agriculture Ltd (ASX:WOA) » Definitions » Liabilities-to-Assets

Wide Open Agriculture (ASX:WOA) Liabilities-to-Assets : 0.36 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Wide Open Agriculture 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. Wide Open Agriculture's Total Liabilities for the quarter that ended in Dec. 2023 was A$6.82 Mil. Wide Open Agriculture's Total Assets for the quarter that ended in Dec. 2023 was A$18.85 Mil. Therefore, Wide Open Agriculture's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.36.


Wide Open Agriculture Liabilities-to-Assets Historical Data

The historical data trend for Wide Open Agriculture'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.

Wide Open Agriculture Liabilities-to-Assets Chart

Wide Open Agriculture Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.28 0.17 0.19 0.19 0.34

Wide Open Agriculture Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.19 0.24 0.34 0.36

Competitive Comparison of Wide Open Agriculture's Liabilities-to-Assets

For the Packaged Foods subindustry, Wide Open Agriculture'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.


Wide Open Agriculture's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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



Wide Open Agriculture 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.

Wide Open Agriculture's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=5.29/15.399
=0.34

Wide Open Agriculture'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
=6.816/18.849
=0.36

* 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.


Wide Open Agriculture  (ASX:WOA) 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.


Wide Open Agriculture Liabilities-to-Assets Related Terms

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


Wide Open Agriculture (ASX:WOA) Business Description

Traded in Other Exchanges
Address
1 Winton Street, Kewdale, WA, AUS, 6105
Wide Open Agriculture Ltd is an Australia-based regenerative food and agriculture company. The company is into the development of its farmland portfolio and its food brand, Dirty Clean Food, Buntine Protein, and Dirty Clean Food Oat Milk. The company generates the majority of its revenues from sales of Dirty Clean Food products.

Wide Open Agriculture (ASX:WOA) Headlines

No Headlines