Happy Square Outsourcing Services (NSE:WHITEFORCE) Liabilities-to-Assets : 0.31 (As of Mar. 2026)

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NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
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What is Happy Square Outsourcing Services Liabilities-to-Assets?

Happy Square Outsourcing Services NSE:WHITEFORCE +4.96% 18 Liabilities-to-Assets is 0.31 as of Mar. 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 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. Happy Square Outsourcing Services's Total Liabilities for the quarter that ended in Mar. 2026 was ₹192 Mil. Happy Square Outsourcing Services's Total Assets for the quarter that ended in Mar. 2026 was ₹612 Mil. Therefore, Happy Square Outsourcing Services's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.31.


Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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.


Happy Square Outsourcing Services Liabilities-to-Assets Related Terms


Happy Square Outsourcing Services Liabilities-to-Assets Historical Data

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The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services Liabilities-to-Assets Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Liabilities-to-Assets
0.85 0.77 0.69 0.31

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Liabilities-to-Assets Get a 7-Day Free Trial 0.77 0.00 0.69 0.31 0.31

NSE:WHITEFORCE vs KFY, RHI, TNET: Liabilities-to-Assets Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services Liabilities-to-Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's Liabilities-to-Assets falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services 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.

Happy Square Outsourcing Services's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Liabilities-to-Assets (A: Mar. 2026 )=Total Liabilities/Total Assets
=191.665/612.487
=0.31

Happy Square Outsourcing Services's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=191.665/612.487
=0.31

* 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 0.31 mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Liabilities-to-Assets of 0.31 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Happy Square Outsourcing Services and its competitors.
Is Happy Square Outsourcing Services' Liabilities-to-Assets too high?
Happy Square Outsourcing Services' current Liabilities-to-Assets is 0.31. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Liabilities-to-Assets compare to KFY and RHI?
Happy Square Outsourcing Services' Liabilities-to-Assets of 0.31 can be compared against companies in the Business Services 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 Business Services company?
A good Liabilities-to-Assets depends on the Business Services 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 Happy Square Outsourcing Services and its competitors. Happy Square Outsourcing Services's current Liabilities-to-Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Liabilities-to-Assets of 0.31. The current Liabilities-to-Assets is 0.31. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 warning signs to review. 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Liabilities-to-Assets is 0.31 as of Mar. 2026. 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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

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