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noco-noco (noco-noco) Liabilities-to-Assets : 6.32 (As of Jun. 2023)


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What is noco-noco 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. noco-noco's Total Liabilities for the quarter that ended in Jun. 2023 was $4.37 Mil. noco-noco's Total Assets for the quarter that ended in Jun. 2023 was $0.69 Mil. Therefore, noco-noco's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 6.32.

noco-noco Liabilities-to-Assets Historical Data

The historical data trend for noco-noco'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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noco-noco Liabilities-to-Assets Chart

noco-noco Annual Data
Trend Jun21 Jun22 Jun23
Liabilities-to-Assets
3.44 4.29 6.32

noco-noco Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Liabilities-to-Assets 3.44 - 4.29 2.39 6.32

Competitive Comparison of noco-noco's Liabilities-to-Assets

For the Auto Parts subindustry, noco-noco'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.

noco-noco's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, noco-noco's Liabilities-to-Assets distribution charts can be found below:

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


noco-noco 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.

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

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=4.369/0.691
=6.32

noco-noco's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=4.369/0.691
=6.32

* 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.

noco-noco  (NAS:NCNC) 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.

noco-noco Liabilities-to-Assets Related Terms

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noco-noco (noco-noco) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » noco-noco Inc (NAS:NCNC) » Definitions » Liabilities-to-Assets
Comparable Companies
SCTH SYPR SUP WKSP STRT CAAS ID HYLN OMTK FLES TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660
Traded in Other Exchanges
N/A
Address
4 Shenton Way, No.04-06 SGX Centre 2, Singapore, SGP, 068807
Website
https://www.noco-noco.com
noco-noco Inc is an early-stage decarbonization solution provider in Asia, aiming to engage in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and (ii) carbon abatement solutions for landowners and carbon credit sales. noco-noco operates own-and-lease business model where it manufactures its battery products through OEMs and leases them to its clients. It also engages in carbon abatement solutions and carbon credit sales and cross-sells them to its battery business clients to offset carbon emissions from their operations.