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Pet Service Holding NV (XPAR:MLPET) Liabilities-to-Assets : 0.61 (As of Dec. 2023)


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What is Pet Service Holding NV 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. Pet Service Holding NV's Total Liabilities for the quarter that ended in Dec. 2023 was €1.45 Mil. Pet Service Holding NV's Total Assets for the quarter that ended in Dec. 2023 was €2.39 Mil. Therefore, Pet Service Holding NV's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.61.


Pet Service Holding NV Liabilities-to-Assets Historical Data

The historical data trend for Pet Service Holding NV'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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Pet Service Holding NV Liabilities-to-Assets Chart

Pet Service Holding NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.10 1.07 0.10 0.12 0.61

Pet Service Holding NV Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets 0.10 1.07 0.10 0.12 0.61

Competitive Comparison of Pet Service Holding NV's Liabilities-to-Assets

For the Internet Retail subindustry, Pet Service Holding NV'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.


Pet Service Holding NV's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pet Service Holding NV's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Pet Service Holding NV's Liabilities-to-Assets falls into.



Pet Service Holding NV 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.

Pet Service Holding NV's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1.452/2.387
=0.61

Pet Service Holding NV's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1.452/2.387
=0.61

* 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.


Pet Service Holding NV  (XPAR:MLPET) 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.


Pet Service Holding NV Liabilities-to-Assets Related Terms

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Pet Service Holding NV (XPAR:MLPET) Business Description

Traded in Other Exchanges
N/A
Address
Industrieweg 16, Wormerveer, NLD, 1521
Pet Service Holding NV is a European provider of products and services for pets and pet owners. The company specializes in the online sale of medicines, food products, and accessories for pets. The Group operates the following online shops: Dierenapotheek.nl and Drpetcare and sells OTC Medicines for pets. The company also offers PetApp which is a smartphone application that provides users with access to an online pet supply store, storage solutions for data relating to pets, and the option to receive news and information about pet events. The Group is also actively developing a tracker for pets (the PetTracker) and intends to integrate the tracking option into the PetApp.

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