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First Growth Funds (XCNQ:FGFL) Liabilities-to-Assets : 0.02 (As of Dec. 2024)


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What is First Growth Funds 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. First Growth Funds's Total Liabilities for the quarter that ended in Dec. 2024 was C$0.05 Mil. First Growth Funds's Total Assets for the quarter that ended in Dec. 2024 was C$1.92 Mil. Therefore, First Growth Funds's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.02.


First Growth Funds Liabilities-to-Assets Historical Data

The historical data trend for First Growth Funds'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.

First Growth Funds Liabilities-to-Assets Chart

First Growth Funds Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

First Growth Funds Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.02 0.03 0.02

Competitive Comparison of First Growth Funds's Liabilities-to-Assets

For the Asset Management subindustry, First Growth Funds'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.


First Growth Funds's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Growth Funds's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Growth Funds's Liabilities-to-Assets falls into.


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First Growth Funds 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.

First Growth Funds'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
=0.058/2.69
=0.02

First Growth Funds'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
=0.045/1.923
=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.


First Growth Funds  (XCNQ:FGFL) 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.


First Growth Funds Liabilities-to-Assets Related Terms

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First Growth Funds Business Description

Traded in Other Exchanges
N/A
Address
311 Hay Street, Subiaco, WA, AUS, 6008
First Growth Funds Ltd is an Australian Stock Exchange-listed investment company. The company manages a portfolio of investments covering small and medium companies listed equities, private equity and pre-IPO investments, convertible notes, loans and cryptocurrency investments, blockchain, equity investment, and other offerings. The company operates in Australia.

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