MTL Cannabis (STU:J4E) Liabilities-to-Assets : 0.83 (As of Sep. 2023)

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What is MTL Cannabis 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. MTL Cannabis's Total Liabilities for the quarter that ended in Sep. 2023 was €43.58 Mil. MTL Cannabis's Total Assets for the quarter that ended in Sep. 2023 was €52.49 Mil. Therefore, MTL Cannabis's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.83.

MTL Cannabis Liabilities-to-Assets Historical Data

The historical data trend for MTL Cannabis'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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MTL Cannabis Liabilities-to-Assets Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Liabilities-to-Assets

0.91

0.84

0.95

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			-	0.95	0.96	0.83	-

Competitive Comparison of MTL Cannabis's Liabilities-to-Assets

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's Liabilities-to-Assets Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, MTL Cannabis's Liabilities-to-Assets distribution charts can be found below:

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

MTL Cannabis 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.

MTL Cannabis's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )	=	Total Liabilities	/	Total Assets
	=	20.617	/	21.669
	=	0.95

MTL Cannabis's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )	=	Total Liabilities	/	Total Assets
	=	43.575	/	52.492
	=	0.83

MTL Cannabis (STU:J4E) 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.

MTL Cannabis Liabilities-to-Assets Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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