SSMTF (Sensible Meats) Liabilities-to-Assets : 0.02 (As of Aug. 2024)

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What is Sensible Meats Liabilities-to-Assets?

Sensible Meats SSMTF Liabilities-to-Assets is 0.02 as of Aug. 2024.

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. Sensible Meats's Total Liabilities for the quarter that ended in Aug. 2024 was $0.11 Mil. Sensible Meats's Total Assets for the quarter that ended in Aug. 2024 was $4.83 Mil. Therefore, Sensible Meats's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2024 was 0.02.


Sensible Meats  (OTCPK:SSMTF) 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.


Sensible Meats Liabilities-to-Assets Related Terms


Sensible Meats Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Liabilities-to-Assets Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Liabilities-to-Assets
0.02 0.02 0.03

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 0.02

SSMTF vs TLCC, AJYG, RIBT: Liabilities-to-Assets Comparison

For the Packaged Foods subindustry, Sensible Meats'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.


Sensible Meats Liabilities-to-Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sensible Meats's Liabilities-to-Assets distribution charts can be found below:

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



Sensible Meats 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.

Sensible Meats's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=0.129/4.991
=0.03

Sensible Meats's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2024 is calculated as

Liabilities-to-Assets (Q: Aug. 2024 )=Total Liabilities/Total Assets
=0.109/4.833
=0.02

* 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 0.02 mean?
Sensible Meats (SSMTF) has a Liabilities-to-Assets of 0.02 as of Aug. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Sensible Meats and its competitors.
Is Sensible Meats' Liabilities-to-Assets too high?
Sensible Meats' current Liabilities-to-Assets is 0.02.
How does Sensible Meats' Liabilities-to-Assets compare to TLCC and AJYG?
Sensible Meats' Liabilities-to-Assets of 0.02 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Liabilities-to-Assets depends on the Consumer Packaged Goods 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 Sensible Meats and its competitors. Sensible Meats's current Liabilities-to-Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Liabilities-to-Assets of 0.02. The current Liabilities-to-Assets is 0.02. 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 Sensible Meats (SSMTF), the current Liabilities-to-Assets is 0.02 as of Aug. 2024. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.