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Naturally Splendid Enterprises (TSXV:NSP.H) Liabilities-to-Assets : 1.96 (As of Sep. 2022)


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What is Naturally Splendid Enterprises 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. Naturally Splendid Enterprises's Total Liabilities for the quarter that ended in Sep. 2022 was C$4.56 Mil. Naturally Splendid Enterprises's Total Assets for the quarter that ended in Sep. 2022 was C$2.33 Mil. Therefore, Naturally Splendid Enterprises's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 1.96.


Naturally Splendid Enterprises Liabilities-to-Assets Historical Data

The historical data trend for Naturally Splendid Enterprises'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.

Naturally Splendid Enterprises Liabilities-to-Assets Chart

Naturally Splendid Enterprises Annual Data
Trend Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.45 0.87 1.23 1.31

Naturally Splendid Enterprises Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.72 1.31 1.20 1.64 1.96

Competitive Comparison of Naturally Splendid Enterprises's Liabilities-to-Assets

For the Packaged Foods subindustry, Naturally Splendid Enterprises'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.


Naturally Splendid Enterprises's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Naturally Splendid Enterprises's Liabilities-to-Assets falls into.



Naturally Splendid Enterprises 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.

Naturally Splendid Enterprises's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=5.576/4.274
=1.30

Naturally Splendid Enterprises's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=4.564/2.329
=1.96

* 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.


Naturally Splendid Enterprises  (TSXV:NSP.H) 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.


Naturally Splendid Enterprises Liabilities-to-Assets Related Terms

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Naturally Splendid Enterprises (TSXV:NSP.H) Business Description

Traded in Other Exchanges
N/A
Address
19100 Airport Way, Unit 108, Pitt Meadows, BC, CAN, V3Y 0E2
Naturally Splendid Enterprises Ltd operates a certified food manufacturing facility producing plant-based entrees, in the Greater Vancouver region in Canada. The company has an exclusive 10-year manufacturing, distribution and licensing agreement for Canada with Australia's largest plant-based food manufacturer. Naturally Splendid has launched Plantein Plant-Based Foods in both Foodservice and Retail Channels.

Naturally Splendid Enterprises (TSXV:NSP.H) Headlines

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