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Nascent Wine Co (Nascent Wine Co) Liabilities-to-Assets : 0.33 (As of Sep. 2008)


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What is Nascent Wine Co 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. Nascent Wine Co's Total Liabilities for the quarter that ended in Sep. 2008 was $8.91 Mil. Nascent Wine Co's Total Assets for the quarter that ended in Sep. 2008 was $27.11 Mil. Therefore, Nascent Wine Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2008 was 0.33.


Nascent Wine Co Liabilities-to-Assets Historical Data

The historical data trend for Nascent Wine Co'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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Nascent Wine Co Liabilities-to-Assets Chart

Nascent Wine Co Annual Data
Trend Dec05 Dec06 Dec07
Liabilities-to-Assets
- 0.29 0.34

Nascent Wine Co Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.35 0.34 0.38 0.34 0.33

Competitive Comparison of Nascent Wine Co's Liabilities-to-Assets

For the Food Distribution subindustry, Nascent Wine Co'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.


Nascent Wine Co's Liabilities-to-Assets Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Nascent Wine Co's Liabilities-to-Assets distribution charts can be found below:

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



Nascent Wine Co 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.

Nascent Wine Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2007 is calculated as:

Liabilities-to-Assets (A: Dec. 2007 )=Total Liabilities/Total Assets
=16.895/49.903
=0.34

Nascent Wine Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2008 is calculated as

Liabilities-to-Assets (Q: Sep. 2008 )=Total Liabilities/Total Assets
=8.911/27.114
=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.


Nascent Wine Co  (OTCPK:NCTW) 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.


Nascent Wine Co Liabilities-to-Assets Related Terms

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Nascent Wine Co (Nascent Wine Co) Business Description

Traded in Other Exchanges
N/A
Address
12055 East Broadway Boulevard, Tucson, AZ, USA, 85748
Nascent Wine Co Inc engages in the distribution of food and non-food products. It distributes a full line of frozen foods, such as meats, fully prepared entrees & desserts, and a full line of canned and dry goods, fresh meats and imported specialties.
Executives
Jgd Management Corp /ny director, 10 percent owner 767 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10153
James E Buckman director YORK CAPITAL MANAGEMENT, 767 5TH AVENUE - 17TH FLOOR, NEW YORK NY 10153

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