GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ultra Brands Ltd (GREY:FLLLF) » Definitions » Liabilities-to-Assets

Ultra Brands (Ultra Brands) Liabilities-to-Assets : 3.80 (As of Mar. 2024)


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

What is Ultra Brands 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. Ultra Brands's Total Liabilities for the quarter that ended in Mar. 2024 was $0.61 Mil. Ultra Brands's Total Assets for the quarter that ended in Mar. 2024 was $0.16 Mil. Therefore, Ultra Brands's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 3.80.


Ultra Brands Liabilities-to-Assets Historical Data

The historical data trend for Ultra Brands'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.

Ultra Brands Liabilities-to-Assets Chart

Ultra Brands Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.74 0.49 0.46 1.22 3.64

Ultra Brands 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 1.72 2.04 2.27 3.64 3.80

Competitive Comparison of Ultra Brands's Liabilities-to-Assets

For the Farm Products subindustry, Ultra Brands'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.


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

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

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



Ultra Brands 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.

Ultra Brands'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
=0.583/0.16
=3.64

Ultra Brands'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
=0.608/0.16
=3.80

* 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.


Ultra Brands  (GREY:FLLLF) 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.


Ultra Brands Liabilities-to-Assets Related Terms

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


Ultra Brands (Ultra Brands) Business Description

Traded in Other Exchanges
Address
400-837 West Hastings Street, Vancouver, BC, CAN, V6C 0A6
Ultra Brands Ltd is an agri-food holdings company focused on innovative products and technologies in the food services industry and plant-based foods line up of plant-based chicken, pork, and beef products as well as is investing in the research and development of keto-friendly plant-based candy products.

Ultra Brands (Ultra Brands) Headlines

From GuruFocus

NHS Industries Ltd. Announces 4 for 1 Share Consolidation

By ACCESSWIRE ACCESSWIRE 03-10-2021

NHS Industries Announces Non-Brokered Private Placement

By ACCESSWIRE ACCESSWIRE 04-21-2021