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Vice Health and Wellness (Vice Health and Wellness) Liabilities-to-Assets : 0.64 (As of Jun. 2023)


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What is Vice Health and Wellness 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. Vice Health and Wellness's Total Liabilities for the quarter that ended in Jun. 2023 was $0.14 Mil. Vice Health and Wellness's Total Assets for the quarter that ended in Jun. 2023 was $0.22 Mil. Therefore, Vice Health and Wellness's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.64.


Vice Health and Wellness Liabilities-to-Assets Historical Data

The historical data trend for Vice Health and Wellness'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.

Vice Health and Wellness Liabilities-to-Assets Chart

Vice Health and Wellness Annual Data
Trend Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.10 0.06 0.08 0.45

Vice Health and Wellness Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.29 0.45 1.20 1.44 0.64

Competitive Comparison of Vice Health and Wellness's Liabilities-to-Assets

For the Confectioners subindustry, Vice Health and Wellness'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.


Vice Health and Wellness's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Vice Health and Wellness's Liabilities-to-Assets falls into.



Vice Health and Wellness 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.

Vice Health and Wellness's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2022 is calculated as:

Liabilities-to-Assets (A: Sep. 2022 )=Total Liabilities/Total Assets
=0.116/0.259
=0.45

Vice Health and Wellness's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=0.138/0.216
=0.64

* 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.


Vice Health and Wellness  (OTCPK:VICFF) 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.


Vice Health and Wellness Liabilities-to-Assets Related Terms

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Vice Health and Wellness (Vice Health and Wellness) Business Description

Traded in Other Exchanges
N/A
Address
734 - 1055 Dunsmuir Street, Vancouver, BC, CAN, V7X 1B1
Vice Health and Wellness Inc formerly The Gummy Project sells low-sugar, plant-based gummy products while raising money (and awareness) to support endangered keystone species. It operates "better for you" candy company that is built to support planet's most precious species and ecosystems, while educating our future generations on the steps we must take today, to ensure a viable tomorrow.

Vice Health and Wellness (Vice Health and Wellness) Headlines