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Good Flour (STU:3KZ) Liabilities-to-Assets : 3.78 (As of Dec. 2024)


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What is Good Flour 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. Good Flour's Total Liabilities for the quarter that ended in Dec. 2024 was €2.44 Mil. Good Flour's Total Assets for the quarter that ended in Dec. 2024 was €0.64 Mil. Therefore, Good Flour's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 3.78.


Good Flour Liabilities-to-Assets Historical Data

The historical data trend for Good Flour'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.

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Good Flour Liabilities-to-Assets Chart

Good Flour Annual Data
Trend Jun22 Jun23 Jun24
Liabilities-to-Assets
0.66 1.60 2.51

Good Flour Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.28 2.69 2.51 2.97 3.78

Competitive Comparison of Good Flour's Liabilities-to-Assets

For the Packaged Foods subindustry, Good Flour'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.


Good Flour's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

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


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Good Flour 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.

Good Flour's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=1.822/0.727
=2.51

Good Flour's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=2.437/0.644
=3.78

* 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.


Good Flour  (STU:3KZ) 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.


Good Flour Liabilities-to-Assets Related Terms

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Good Flour Business Description

Traded in Other Exchanges
Address
5791 Sidley Street, Burnaby, BC, CAN, V5J 5E6
Good Flour Corp is engaged in manufacturing and selling gluten-free and plant-based food products. It currently offers Pizza Blends, Batter Premixes, Pancake and Waffle Blends and Gluten-Free Desserts.

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