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NPF Microfinance Bank (NSA:NPFMB) Liabilities-to-Assets : 0.78 (As of Dec. 2020)


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What is NPF Microfinance Bank 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. NPF Microfinance Bank's Total Liabilities for the quarter that ended in Dec. 2020 was ₦19,615 Mil. NPF Microfinance Bank's Total Assets for the quarter that ended in Dec. 2020 was ₦25,097 Mil. Therefore, NPF Microfinance Bank's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 was 0.78.


NPF Microfinance Bank Liabilities-to-Assets Historical Data

The historical data trend for NPF Microfinance Bank'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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NPF Microfinance Bank Liabilities-to-Assets Chart

NPF Microfinance Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
0.70 0.74 0.73 0.78

NPF Microfinance Bank Semi-Annual Data
Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets 0.70 0.74 0.73 0.78

Competitive Comparison of NPF Microfinance Bank's Liabilities-to-Assets

For the Banks - Regional subindustry, NPF Microfinance Bank'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.


NPF Microfinance Bank's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NPF Microfinance Bank's Liabilities-to-Assets distribution charts can be found below:

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



NPF Microfinance Bank 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.

NPF Microfinance Bank's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=19615.391/25096.975
=0.78

NPF Microfinance Bank's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 is calculated as

Liabilities-to-Assets (Q: Dec. 2020 )=Total Liabilities/Total Assets
=19615.391/25096.975
=0.78

* 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.


NPF Microfinance Bank  (NSA:NPFMB) 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.


NPF Microfinance Bank Liabilities-to-Assets Related Terms

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NPF Microfinance Bank (NSA:NPFMB) Business Description

Traded in Other Exchanges
N/A
Address
1, Ikoyi Road, Obalende, Aliyu Aa House, Lagos, NGA
NPF Microfinance Bank PLC provides banking products and services to consumers including retail banking, loans and advances, money market activities and financial advisory services.

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