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Sunrest Lifescience (NSE:SUNREST) Liabilities-to-Assets : 0.44 (As of Mar. 2024)


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What is Sunrest Lifescience 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. Sunrest Lifescience's Total Liabilities for the quarter that ended in Mar. 2024 was ₹109.7 Mil. Sunrest Lifescience's Total Assets for the quarter that ended in Mar. 2024 was ₹251.6 Mil. Therefore, Sunrest Lifescience's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.44.


Sunrest Lifescience Liabilities-to-Assets Historical Data

The historical data trend for Sunrest Lifescience'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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Sunrest Lifescience Liabilities-to-Assets Chart

Sunrest Lifescience Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
0.98 0.97 0.92 0.81 0.44

Sunrest Lifescience Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets 0.98 0.97 0.92 0.81 0.44

Competitive Comparison of Sunrest Lifescience's Liabilities-to-Assets

For the Pharmaceutical Retailers subindustry, Sunrest Lifescience'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.


Sunrest Lifescience's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sunrest Lifescience's Liabilities-to-Assets distribution charts can be found below:

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



Sunrest Lifescience 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.

Sunrest Lifescience'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
=109.701/251.555
=0.44

Sunrest Lifescience'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
=109.701/251.555
=0.44

* 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.


Sunrest Lifescience  (NSE:SUNREST) 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.


Sunrest Lifescience Liabilities-to-Assets Related Terms

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Sunrest Lifescience Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Vastral Road, FF-41, Ajay Tenament-6 Near Canal, Near Ritanagar Bus Stand, Ahmedabad, GJ, IND, 382415
Sunrest Lifescience Ltd is engaged in the trading business of pharmaceutical products on a wholesale and retail basis. It deals in Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Its product portfolio comprises Analgesic & Anti Pyretic3030, Antacid Anti Emetics1414, Anti Biotics1717, Anti Cough & Cold4343, Anti Fungal2929, Anti Spasmodic & Enzyme99, Creams & Ointments44, Eye, Ear Drops & Nasal Spray88, General Products2828, Glucose & Energy Drink88, Hair Care77, Lady Care55, Multi Vitamins & Haemantinics3030, Oral Care55, Skin Care2222, and Vigor and Vitality.

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