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MHGU (Meritage Hospitality Group) Liabilities-to-Assets : 0.85 (As of Mar. 2025)


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What is Meritage Hospitality Group 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. Meritage Hospitality Group's Total Liabilities for the quarter that ended in Mar. 2025 was $683.6 Mil. Meritage Hospitality Group's Total Assets for the quarter that ended in Mar. 2025 was $807.0 Mil. Therefore, Meritage Hospitality Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.85.


Meritage Hospitality Group Liabilities-to-Assets Historical Data

The historical data trend for Meritage Hospitality 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.

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Meritage Hospitality Group Liabilities-to-Assets Chart

Meritage Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.86 0.85 0.85 0.84

Meritage Hospitality Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.85 0.84 0.85 0.84 0.85

Competitive Comparison of Meritage Hospitality Group's Liabilities-to-Assets

For the Restaurants subindustry, Meritage Hospitality 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.


Meritage Hospitality Group's Liabilities-to-Assets Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's Liabilities-to-Assets distribution charts can be found below:

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


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Meritage Hospitality 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.

Meritage Hospitality Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=681.351/810.165
=0.84

Meritage Hospitality Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=683.59/806.971
=0.85

* 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.


Meritage Hospitality Group  (OTCPK:MHGU) 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.


Meritage Hospitality Group Liabilities-to-Assets Related Terms

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Meritage Hospitality Group Business Description

Traded in Other Exchanges
Address
45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503
Meritage Hospitality Group Inc is engaged in operating quick-service and casual dining restaurants across various states in the United States. It operates Wendy's quick-service restaurants under franchise agreements with its franchisor.
Executives
Duane F Kluting director 3100 44TH STREET SW, GRANDVILLE MI 49418
Roger L Zingle officer: Chief Operating Officer 6132 PICKWOOD DRIVE, WEST BLOOMFIELD MI 48322
Gary A Rose officer: VP, CFO & Treasurer 223 EAST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Robert E. Schermer Revocable Living Trust U/a Dated 4/28/97 10 percent owner C/O ROBERT W. BAIRD & CO. INC., 333 BRIDGE STREET, N.W., SUITE 1000, GRAND RAPIDS MI 49504
Gulis Stephen L Jr director 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
James R Saalfeld officer: VP, Secretary and Treasurer MERITAGE HOSPITALITY GROUP INC, 1971 EAST BELTLINE AVE, N.E., STE. 200, GRAND RAPIDS MI 49525
Robert H Potts officer: Vice President of Real Estate 1971 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Schermer Robert E Jr director, 10 percent owner, officer: Chief Executive Officer 1971 EAST BELTLINE AVE, N.E., SUITE 200, GRAND RAPIDS MI 49525
Robert E Riley director, 10 percent owner, officer: President 40 PEARL STREET NW, SUITE 900, GRAND RAPIDS MI 49503
James P Bishop director 4230 SOUTH WESTNEDGE, KALAMAZOO MI 49006
Schermer Robert E Sr director, 10 percent owner, officer: Chairman of the Board C/O ROBERT W BLAIR & CO. INC., 333 BRIDGE STREET, SUITE 1000, GRAND RAPIDS MI 49504
Joseph L Maggini director 4242 CLAY STREET SW, GRAND RAPIDS MI 49548
Brian N Mcmahon director 542 TONBRIDGE COURT, PERRYSBURG OH 43551