Granite Falls Energy LLC (Granite Falls Energy LLC) Liabilities-to-Assets : 0.37 (As of Jul. 2022)

Granite Falls Energy LLC Liabilities-to-Assets Chart

Granite Falls Energy LLC Annual Data
	Trend	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21
Liabilities-to-Assets		Get a 7-Day Free Trial					0.14	0.17	0.20	0.47	0.49

Granite Falls Energy LLC Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Liabilities-to-Assets	Get a 7-Day Free Trial															0.35	0.49	0.40	0.39	0.37

Competitive Comparison of Granite Falls Energy LLC's Liabilities-to-Assets

For the Oil & Gas Refining & Marketing subindustry, Granite Falls Energy LLC'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.

Granite Falls Energy LLC's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Granite Falls Energy LLC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Granite Falls Energy LLC's Liabilities-to-Assets falls into.

Granite Falls Energy LLC 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.

Granite Falls Energy LLC's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2021 is calculated as:

Granite Falls Energy LLC's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2022 is calculated as

* 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.

Granite Falls Energy LLC  (OTCPK:GFGY) 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.

Granite Falls Energy LLC Liabilities-to-Assets Related Terms

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

Granite Falls Energy LLC (Granite Falls Energy LLC) Business Description