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Neighbourly Pharmacy (Neighbourly Pharmacy) Liabilities-to-Assets : 0.47 (As of Dec. 2023)


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What is Neighbourly Pharmacy 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. Neighbourly Pharmacy's Total Liabilities for the quarter that ended in Dec. 2023 was $389.0 Mil. Neighbourly Pharmacy's Total Assets for the quarter that ended in Dec. 2023 was $829.2 Mil. Therefore, Neighbourly Pharmacy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.47.


Neighbourly Pharmacy Liabilities-to-Assets Historical Data

The historical data trend for Neighbourly Pharmacy'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.

Neighbourly Pharmacy Liabilities-to-Assets Chart

Neighbourly Pharmacy Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.21 1.23 1.36 0.39 0.44

Neighbourly Pharmacy Quarterly Data
Mar18 Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.45 0.44 0.44 0.46 0.47

Competitive Comparison of Neighbourly Pharmacy's Liabilities-to-Assets

For the Pharmaceutical Retailers subindustry, Neighbourly Pharmacy'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.


Neighbourly Pharmacy's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Neighbourly Pharmacy's Liabilities-to-Assets distribution charts can be found below:

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



Neighbourly Pharmacy 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.

Neighbourly Pharmacy's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=355.56/805.38
=0.44

Neighbourly Pharmacy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=388.964/829.218
=0.47

* 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.


Neighbourly Pharmacy  (OTCPK:NBLYF) 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.


Neighbourly Pharmacy Liabilities-to-Assets Related Terms

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Neighbourly Pharmacy (Neighbourly Pharmacy) Business Description

Comparable Companies
Traded in Other Exchanges
Address
190 Attwell Drive, Unit 400, Toronto, ON, CAN, M9W 6H8
Neighbourly Pharmacy Inc is a network of community pharmacies. Its pharmacies act as the centre of care within their communities, representing an indispensable source of both healthcare delivery and trusted advice for their patients.

Neighbourly Pharmacy (Neighbourly Pharmacy) Headlines

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