GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Premier Products Group Inc (OTCPK:PMPG) » Definitions » Liabilities-to-Assets

Premier Products Group (Premier Products Group) Liabilities-to-Assets : 3.92 (As of Sep. 2021)


View and export this data going back to . Start your Free Trial

What is Premier Products Group 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. Premier Products Group's Total Liabilities for the quarter that ended in Sep. 2021 was $1.00 Mil. Premier Products Group's Total Assets for the quarter that ended in Sep. 2021 was $0.25 Mil. Therefore, Premier Products Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 3.92.


Premier Products Group Liabilities-to-Assets Historical Data

The historical data trend for Premier Products Group'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.

* Premium members only.

Premier Products Group Liabilities-to-Assets Chart

Premier Products Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Premier Products Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - 3.79 3.81 3.92

Competitive Comparison of Premier Products Group's Liabilities-to-Assets

For the Shell Companies subindustry, Premier Products Group'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.


Premier Products Group's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Premier Products Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Premier Products Group's Liabilities-to-Assets falls into.



Premier Products Group 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.

Premier Products Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=1.942/0
=N/A

Premier Products Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )=Total Liabilities/Total Assets
=0.996/0.254
=3.92

* 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.


Premier Products Group  (OTCPK:PMPG) 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.


Premier Products Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Premier Products Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Products Group (Premier Products Group) Business Description

Traded in Other Exchanges
N/A
Address
6303 Owensmouth Avenue, Suite 1058, Woodland Hills, CA, USA, 91367
Premier Products Group Inc is a development stage company looking for a merger.
Executives
William M Wright director, officer: Chief Financaial Officer 3256 CHICO WAY NW BREMERTON WA 98312
Richard Michael Johnson director, officer: Chief Executive Officer 10777 WESTHEIMER RD SUITE 1100 HOUSTON TX 77042
Capital Managment Coron 10 percent owner 2 SHARON LANE SCARSDALE NY 10583
Andrew I Telsey director, officer: CEO/President/Secretary/Treas. 6198 SOUTH MOLINE COURT, ENGLEWOOD CO 80111
John Michael Coombs director, officer: President, CEO, CFO, Sec/Trea 2435 SCENIC DRIVE SALT LAKE CITY UT 84109
North Beck Joint Venture Llc 10 percent owner 2435 SCENIC DRIVE SALT LAKE CITY UT 84109

Premier Products Group (Premier Products Group) Headlines