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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. Northern Solar Holdings Bhd's Total Liabilities for the quarter that ended in Mar. 2026 was RM40.6 Mil. Northern Solar Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM124.0 Mil.
Therefore, Northern Solar Holdings Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.33.
Northern Solar Holdings Bhd (XKLS:0340) 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.
Northern Solar Holdings Bhd Liabilities-to-Assets Related Terms
Northern Solar Holdings Bhd Liabilities-to-Assets Historical Data
* 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.
Northern Solar Holdings Bhd Liabilities-to-Assets Chart
XKLS:0340 vs FSLR, NXT, ENPH: Liabilities-to-Assets Comparison
For the Solar subindustry, Northern Solar Holdings Bhd'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.
Northern Solar Holdings Bhd Liabilities-to-Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Northern Solar Holdings Bhd's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Northern Solar Holdings Bhd's Liabilities-to-Assets falls into.
Northern Solar Holdings Bhd 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.
Northern Solar Holdings Bhd's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 is calculated as:
* 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.
Northern Solar Holdings Bhd (XKLS:0340) has a Liabilities-to-Assets of 0.33 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Northern Solar Holdings Bhd and its competitors.
Is Northern Solar Holdings Bhd's Liabilities-to-Assets too high?
Northern Solar Holdings Bhd's current Liabilities-to-Assets is 0.33. Overall, Northern Solar Holdings Bhd has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Liabilities-to-Assets compare to FSLR and NXT?
Northern Solar Holdings Bhd's Liabilities-to-Assets of 0.33 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Semiconductors company?
A good Liabilities-to-Assets depends on the Semiconductors industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Northern Solar Holdings Bhd and its competitors. Northern Solar Holdings Bhd's current Liabilities-to-Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Liabilities-to-Assets of 0.33. The current Liabilities-to-Assets is 0.33. Northern Solar Holdings Bhd's overall GF Score™ is 22/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Northern Solar Holdings Bhd (XKLS:0340), the current Liabilities-to-Assets is 0.33 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
22GF Score
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