NXTP (NextPlay Technologies) Liabilities-to-Assets : 0.56 (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
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What is NextPlay Technologies Liabilities-to-Assets?

NextPlay Technologies NXTP 14 Liabilities-to-Assets is 0.56 as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

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. NextPlay Technologies's Total Liabilities for the quarter that ended in Nov. 2022 was $57.90 Mil. NextPlay Technologies's Total Assets for the quarter that ended in Nov. 2022 was $103.85 Mil. Therefore, NextPlay Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2022 was 0.56.


NextPlay Technologies  (OTCPK:NXTP) 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.


NextPlay Technologies Liabilities-to-Assets Related Terms


NextPlay Technologies Liabilities-to-Assets Historical Data

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The historical data trend for NextPlay 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.

NextPlay Technologies Liabilities-to-Assets Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Liabilities-to-Assets
0.13 0.32

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Liabilities-to-Assets Get a 7-Day Free Trial 0.00 0.32 0.41 0.52 0.56

NXTP vs TAOP, CETX, IPSI: Liabilities-to-Assets Comparison

For the Software - Infrastructure subindustry, NextPlay 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.


NextPlay Technologies Liabilities-to-Assets vs Software Industry

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

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


NXTP
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NextPlay Technologies Inc NXTP
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NextPlay 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.

NextPlay Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2022 is calculated as:

Liabilities-to-Assets (A: Feb. 2022 )=Total Liabilities/Total Assets
=31.892/99.753
=0.32

NextPlay Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2022 is calculated as

Liabilities-to-Assets (Q: Nov. 2022 )=Total Liabilities/Total Assets
=57.897/103.85
=0.56

* 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 0.56 mean?
NextPlay Technologies (NXTP) has a Liabilities-to-Assets of 0.56 as of Nov. 2022. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on NextPlay Technologies and its competitors.
Is NextPlay Technologies' Liabilities-to-Assets too high?
NextPlay Technologies' current Liabilities-to-Assets is 0.56. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Liabilities-to-Assets compare to TAOP and CETX?
NextPlay Technologies' Liabilities-to-Assets of 0.56 can be compared against companies in the Software 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 Software company?
A good Liabilities-to-Assets depends on the Software 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 NextPlay Technologies and its competitors. NextPlay Technologies's current Liabilities-to-Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Liabilities-to-Assets of 0.56. The current Liabilities-to-Assets is 0.56. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Liabilities-to-Assets is 0.56 as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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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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