NSBBF (NorthStar Gaming Holdings) Liabilities-to-Assets : 3.08 (As of Sep. 2025)

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What is NorthStar Gaming Holdings Liabilities-to-Assets?

NorthStar Gaming Holdings NSBBF Liabilities-to-Assets is 3.08 as of Sep. 2025. The stock has 4 warning signs investors should review.

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. NorthStar Gaming Holdings's Total Liabilities for the quarter that ended in Sep. 2025 was $40.83 Mil. NorthStar Gaming Holdings's Total Assets for the quarter that ended in Sep. 2025 was $13.24 Mil. Therefore, NorthStar Gaming Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2025 was 3.08.

NorthStar Gaming Holdings  (OTCPK:NSBBF) 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.

NorthStar Gaming Holdings Liabilities-to-Assets Related Terms

NorthStar Gaming Holdings Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for NorthStar Gaming Holdings'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.

NorthStar Gaming Holdings Liabilities-to-Assets Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23 Dec24
Liabilities-to-Assets
0.12 2.00 3.71

NorthStar Gaming Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.77 3.71 2.15 2.55 3.08

NSBBF vs SEGG, FLUT, DKNG: Liabilities-to-Assets Comparison

For the Gambling subindustry, NorthStar Gaming Holdings'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.

NorthStar Gaming Holdings Liabilities-to-Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NorthStar Gaming Holdings's Liabilities-to-Assets distribution charts can be found below:

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


NorthStar Gaming Holdings 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.

NorthStar Gaming Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=24.366/6.567
=3.71

NorthStar Gaming Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2025 is calculated as

Liabilities-to-Assets (Q: Sep. 2025 )=Total Liabilities/Total Assets
=40.829/13.244
=3.08

* 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 3.08 mean?
NorthStar Gaming Holdings (NSBBF) has a Liabilities-to-Assets of 3.08 as of Sep. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on NorthStar Gaming Holdings and its competitors.
Is NorthStar Gaming Holdings' Liabilities-to-Assets too high?
NorthStar Gaming Holdings' current Liabilities-to-Assets is 3.08.
How does NorthStar Gaming Holdings' Liabilities-to-Assets compare to SEGG and FLUT?
NorthStar Gaming Holdings' Liabilities-to-Assets of 3.08 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Liabilities-to-Assets depends on the Travel & Leisure 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 NorthStar Gaming Holdings and its competitors. NorthStar Gaming Holdings's current Liabilities-to-Assets is 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthStar Gaming Holdings stock overvalued right now?
NorthStar Gaming Holdings (NSBBF) has a current Liabilities-to-Assets of 3.08. The current Liabilities-to-Assets is 3.08. 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 NorthStar Gaming Holdings (NSBBF), the current Liabilities-to-Assets is 3.08 as of Sep. 2025. 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.

NorthStar Gaming Holdings Business Description

Other Exchanges BET:Canada
Address 220 King Street West, Suite 200, Toronto, ON, CAN, M5H 1K4
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. The company earns revenues from two main sources: gaming revenues for its online casino and sports betting operations; and managed services revenues.