FLES (Auto Parts 4Less Group) Liabilities-to-Assets : 111.36 (As of Oct. 2023)

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FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Liabilities-to-Assets?

Auto Parts 4Less Group FLES 12 Liabilities-to-Assets is 111.36 as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

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. Auto Parts 4Less Group's Total Liabilities for the quarter that ended in Oct. 2023 was $28.18 Mil. Auto Parts 4Less Group's Total Assets for the quarter that ended in Oct. 2023 was $0.25 Mil. Therefore, Auto Parts 4Less Group's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 was 111.36.


Auto Parts 4Less Group  (OTCPK:FLES) 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.


Auto Parts 4Less Group Liabilities-to-Assets Related Terms


Auto Parts 4Less Group Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Liabilities-to-Assets Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.21 8.12 6.34 9.73 53.46

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 27.79 53.46 61.50 99.42 111.36

FLES vs REII, MBLY, APTV: Liabilities-to-Assets Comparison

For the Auto Parts subindustry, Auto Parts 4Less Group'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.


Auto Parts 4Less Group Liabilities-to-Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Auto Parts 4Less Group's Liabilities-to-Assets falls into.


FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group 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.

Auto Parts 4Less Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2023 is calculated as:

Liabilities-to-Assets (A: Jan. 2023 )=Total Liabilities/Total Assets
=21.811/0.408
=53.46

Auto Parts 4Less Group's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 is calculated as

Liabilities-to-Assets (Q: Oct. 2023 )=Total Liabilities/Total Assets
=28.175/0.253
=111.36

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 111.36 mean?
Auto Parts 4Less Group (FLES) has a Liabilities-to-Assets of 111.36 as of Oct. 2023. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Liabilities-to-Assets too high?
Auto Parts 4Less Group's current Liabilities-to-Assets is 111.36. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Liabilities-to-Assets compare to REII and MBLY?
Auto Parts 4Less Group's Liabilities-to-Assets of 111.36 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Vehicles & Parts company?
A good Liabilities-to-Assets depends on the Vehicles & Parts industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Auto Parts 4Less Group and its competitors. Auto Parts 4Less Group's current Liabilities-to-Assets is 111.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Liabilities-to-Assets of 111.36. The current Liabilities-to-Assets is 111.36. Auto Parts 4Less Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Auto Parts 4Less Group (FLES), the current Liabilities-to-Assets is 111.36 as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
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