GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farmmi Inc (NAS:FAMI) » Definitions » Liabilities-to-Assets

Farmmi (Farmmi) Liabilities-to-Assets : 0.07 (As of Sep. 2023)


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

What is Farmmi 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. Farmmi's Total Liabilities for the quarter that ended in Sep. 2023 was $12.8 Mil. Farmmi's Total Assets for the quarter that ended in Sep. 2023 was $174.8 Mil. Therefore, Farmmi's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.07.


Farmmi Liabilities-to-Assets Historical Data

The historical data trend for Farmmi'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.

Farmmi Liabilities-to-Assets Chart

Farmmi Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.27 0.24 0.03 0.06 0.07

Farmmi Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.03 0.02 0.06 0.07 0.07

Competitive Comparison of Farmmi's Liabilities-to-Assets

For the Packaged Foods subindustry, Farmmi'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.


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

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

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



Farmmi 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.

Farmmi's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=12.824/174.8
=0.07

Farmmi's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=12.824/174.8
=0.07

* 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.


Farmmi  (NAS:FAMI) 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.


Farmmi Liabilities-to-Assets Related Terms

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


Farmmi (Farmmi) Business Description

Traded in Other Exchanges
N/A
Address
888 Tianning Street, Floor 1, Building No. 1, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Farmmi Inc is a supplier of agricultural products. The products of the company are Shiitake Mushroom, Mu Er Mushroom and other edible fungi and other agricultural products. The majority of products are sold in mainland China.

Farmmi (Farmmi) Headlines

From GuruFocus

Farmmi to Participate in 2023 FoodEx Japan Exhibition

By PRNewswire PRNewswire 02-14-2023

Farmmi Shipping Another High Volume Order to Guam

By PRNewswire PRNewswire 11-29-2022

Farmmi Establishes New FARMMI USA INC. Wholly-Owned Subsidiary

By PRNewswire PRNewswire 04-24-2023

Farmmi Continues Growth in North America

By PRNewswire PRNewswire 06-06-2023

Farmmi Customer Ships High-Volume Order Chile

By PRNewswire 09-05-2023

Farmmi Announces New Order Exporting to Canada

By PRNewswire 08-10-2023

Farmmi Receives NASDAQ Minimum Bid Price Requirement Extension

By PRNewswire PRNewswire 04-14-2023

Long-Term Farmmi Customer Now Shipping to Chile

By PRNewswire PRNewswire 01-10-2023