NTCXF (Natcore Technology) Liabilities-to-Assets : 5.84 (As of Sep. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Natcore Technology Liabilities-to-Assets?

Natcore Technology NTCXF -90.00% Liabilities-to-Assets is 5.84 as of Sep. 2018.

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. Natcore Technology's Total Liabilities for the quarter that ended in Sep. 2018 was $3.37 Mil. Natcore Technology's Total Assets for the quarter that ended in Sep. 2018 was $0.58 Mil. Therefore, Natcore Technology's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 was 5.84.


Natcore Technology  (OTCPK:NTCXF) 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.


Natcore Technology Liabilities-to-Assets Related Terms


Natcore Technology Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Natcore Technology'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.

Natcore Technology Liabilities-to-Assets Chart

Natcore Technology Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.34 1.77 4.97 8.46

Natcore Technology Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.33 8.46 9.99 5.04 5.84

NTCXF vs BSRC, SUNW, YGEHY: Liabilities-to-Assets Comparison

For the Solar subindustry, Natcore Technology'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.


Natcore Technology Liabilities-to-Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Natcore Technology's Liabilities-to-Assets distribution charts can be found below:

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



Natcore Technology 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.

Natcore Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=1.845/0.218
=8.46

Natcore Technology's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 is calculated as

Liabilities-to-Assets (Q: Sep. 2018 )=Total Liabilities/Total Assets
=3.369/0.577
=5.84

* 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 5.84 mean?
Natcore Technology (NTCXF) has a Liabilities-to-Assets of 5.84 as of Sep. 2018. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Natcore Technology and its competitors.
Is Natcore Technology's Liabilities-to-Assets too high?
Natcore Technology's current Liabilities-to-Assets is 5.84.
How does Natcore Technology's Liabilities-to-Assets compare to BSRC and SUNW?
Natcore Technology's Liabilities-to-Assets of 5.84 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Liabilities-to-Assets depends on the Semiconductors 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 Natcore Technology and its competitors. Natcore Technology's current Liabilities-to-Assets is 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natcore Technology stock overvalued right now?
Natcore Technology (NTCXF) has a current Liabilities-to-Assets of 5.84. The current Liabilities-to-Assets is 5.84. 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 Natcore Technology (NTCXF), the current Liabilities-to-Assets is 5.84 as of Sep. 2018. 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.

Natcore Technology Business Description

Address 189 North Water Street, Suite 700, Rochester, NY, USA, 14604
Natcore Technology Inc is focused on using its proprietary nanotechnology discoveries to enable a variety of compelling applications in the solar industry. The company is advancing applications in laser processing, black silicon and tandem quantum-dot solar cells, and all-back-contact silicon heterojunction (HIT) cells to significantly lower the costs and improve the power output of solar cells.