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Nocera (Nocera) Liabilities-to-Assets : 0.33 (As of Mar. 2024)


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What is Nocera 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. Nocera's Total Liabilities for the quarter that ended in Mar. 2024 was $2.27 Mil. Nocera's Total Assets for the quarter that ended in Mar. 2024 was $6.97 Mil. Therefore, Nocera's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.33.


Nocera Liabilities-to-Assets Historical Data

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

Nocera Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.48 0.31 0.24 0.35

Nocera Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.25 0.25 0.23 0.35 0.33

Competitive Comparison of Nocera's Liabilities-to-Assets

For the Packaged Foods subindustry, Nocera'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.


Nocera's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nocera's Liabilities-to-Assets distribution charts can be found below:

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



Nocera 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.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1.77/5.034
=0.35

Nocera's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2.268/6.972
=0.33

* 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.


Nocera  (NAS:NCRA) 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.


Nocera Liabilities-to-Assets Related Terms

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Nocera (Nocera) Business Description

Traded in Other Exchanges
N/A
Address
3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221
Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.
Executives
Andy Ching-an Jin director, officer: Chief Executive Officer 3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng director, officer: CFO and Chairman 15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng officer: President and CEO 12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang 10 percent owner BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson director, officer: Corporate Secretary 2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339