NICH (Nitches) Liabilities-to-Assets : 36.44 (As of Aug. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NICH Nitches Inc NICH
12 GF Score
Price $0.00
View Full Analysis

What is Nitches Liabilities-to-Assets?

Nitches NICH +25.00% 12 Liabilities-to-Assets is 36.44 as of Aug. 2024. GuruFocus rates NICH with a GF Score™ of 12/100.

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. Nitches's Total Liabilities for the quarter that ended in Aug. 2024 was $2.33 Mil. Nitches's Total Assets for the quarter that ended in Aug. 2024 was $0.06 Mil. Therefore, Nitches's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2024 was 36.44.


Nitches  (OTCPK:NICH) 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.


Nitches Liabilities-to-Assets Related Terms


Nitches Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Nitches'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.

Nitches Liabilities-to-Assets Chart

Nitches Annual Data
Trend Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23 Aug24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.63 0.16 2.34 36.44

Nitches Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 2.34 3.76 9.09 6.05 36.44

NICH vs DLAPQ, RL, LEVI: Liabilities-to-Assets Comparison

For the Apparel Manufacturing subindustry, Nitches'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.


Nitches Liabilities-to-Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's Liabilities-to-Assets distribution charts can be found below:

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


NICH
12GF Score
Nitches Inc NICH
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitches 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.

Nitches's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Liabilities-to-Assets (A: Aug. 2024 )=Total Liabilities/Total Assets
=2.332/0.064
=36.44

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

Liabilities-to-Assets (Q: Aug. 2024 )=Total Liabilities/Total Assets
=2.332/0.064
=36.44

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 36.44 mean?
Nitches (NICH) has a Liabilities-to-Assets of 36.44 as of Aug. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nitches and its competitors.
Is Nitches' Liabilities-to-Assets too high?
Nitches' current Liabilities-to-Assets is 36.44. Overall, Nitches has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nitches' Liabilities-to-Assets compare to DLAPQ and RL?
Nitches' Liabilities-to-Assets of 36.44 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Manufacturing - Apparel & Accessories company?
A good Liabilities-to-Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Nitches and its competitors. Nitches's current Liabilities-to-Assets is 36.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitches stock overvalued right now?
Nitches (NICH) has a current Liabilities-to-Assets of 36.44. The current Liabilities-to-Assets is 36.44. Nitches' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Nitches (NICH), the current Liabilities-to-Assets is 36.44 as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nitches Business Description

Address 1333 North Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is a company engaged in the production and distribution of household goods, lifestyle products, travel and leisure items, sports goods, and clothing. The company works with retailers to develop clothing lines and also develops its own lines under multiple registered trademarks. Majority of its clothing products are manufactured overseas and imported in bulk for sorting, packing, and distribution in the United States. Nitches serves a wide retail network, including department stores and specialty retailers, and generates revenue prominently through wholesale distribution of its apparel and related goods. The company white-labels its manufactured products under the brand names of Social Media Partners and distributes them in an online department store.
12GF Score

Get the complete analysis for NICH

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price