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New World Solutions (FRA:RT5) Liabilities-to-Assets : 0.69 (As of Oct. 2024)


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What is New World 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. New World Solutions's Total Liabilities for the quarter that ended in Oct. 2024 was €0.98 Mil. New World Solutions's Total Assets for the quarter that ended in Oct. 2024 was €1.41 Mil. Therefore, New World Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 was 0.69.


New World Solutions Liabilities-to-Assets Historical Data

The historical data trend for New World 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.

New World Solutions Liabilities-to-Assets Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 0.07 0.16 0.08 0.59

New World Solutions Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.13 0.10 0.59 0.51 0.69

Competitive Comparison of New World Solutions's Liabilities-to-Assets

For the Software - Application subindustry, New World 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.


New World Solutions's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, New World Solutions's Liabilities-to-Assets distribution charts can be found below:

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



New World 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.

New World Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2024 is calculated as:

Liabilities-to-Assets (A: Apr. 2024 )=Total Liabilities/Total Assets
=0.486/0.828
=0.59

New World Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 is calculated as

Liabilities-to-Assets (Q: Oct. 2024 )=Total Liabilities/Total Assets
=0.975/1.407
=0.69

* 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.


New World Solutions  (FRA:RT5) 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.


New World Solutions Liabilities-to-Assets Related Terms

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New World Solutions Business Description

Traded in Other Exchanges
Address
2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9Nam
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.

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