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Net Avenue Technologies (NSE:CBAZAAR) Liabilities-to-Assets : 0.46 (As of Mar. 2024)


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What is Net Avenue Technologies 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. Net Avenue Technologies's Total Liabilities for the quarter that ended in Mar. 2024 was ₹87.8 Mil. Net Avenue Technologies's Total Assets for the quarter that ended in Mar. 2024 was ₹192.3 Mil. Therefore, Net Avenue Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.46.


Net Avenue Technologies Liabilities-to-Assets Historical Data

The historical data trend for Net Avenue Technologies'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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Net Avenue Technologies Liabilities-to-Assets Chart

Net Avenue Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
1.30 0.97 0.85 0.46

Net Avenue Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets 1.30 0.97 0.85 0.46

Competitive Comparison of Net Avenue Technologies's Liabilities-to-Assets

For the Internet Retail subindustry, Net Avenue Technologies'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.


Net Avenue Technologies's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Net Avenue Technologies's Liabilities-to-Assets distribution charts can be found below:

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


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Net Avenue Technologies 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.

Net Avenue Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=87.796/192.286
=0.46

Net Avenue Technologies'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
=87.796/192.286
=0.46

* 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.


Net Avenue Technologies  (NSE:CBAZAAR) 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.


Net Avenue Technologies Liabilities-to-Assets Related Terms

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Net Avenue Technologies Business Description

Traded in Other Exchanges
N/A
Address
Floor Prithvi Avenue, New No. 16, Old No. 13, 1st, Alwarpet, Chennai, TN, IND, 600018
Net Avenue Technologies Ltd is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. Its core business sells Indian Ethnic wear and accessories, catering to the South Asian Diaspora and its product range includes Indian ethnic wear and accessories for women, men, teens, and kids. The company distributes its products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.

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