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CleanCore Solutions (CleanCore Solutions) Liabilities-to-Assets : 0.82 (As of Dec. 2023)


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What is CleanCore Solutions 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. CleanCore Solutions's Total Liabilities for the quarter that ended in Dec. 2023 was $4.75 Mil. CleanCore Solutions's Total Assets for the quarter that ended in Dec. 2023 was $5.82 Mil. Therefore, CleanCore Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.82.


CleanCore Solutions Liabilities-to-Assets Historical Data

The historical data trend for CleanCore Solutions'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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CleanCore Solutions Liabilities-to-Assets Chart

CleanCore Solutions Annual Data
Trend Jun21 Jun22 Jun23
Liabilities-to-Assets
5.67 4.41 0.71

CleanCore Solutions Quarterly Data
Jun21 Mar22 Jun22 Oct22 Mar23 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 4.41 - 0.66 0.71 0.82

Competitive Comparison of CleanCore Solutions's Liabilities-to-Assets

For the Pollution & Treatment Controls subindustry, CleanCore Solutions'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.


CleanCore Solutions's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where CleanCore Solutions's Liabilities-to-Assets falls into.



CleanCore Solutions 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.

CleanCore Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=4.347/6.093
=0.71

CleanCore Solutions'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
=4.745/5.817
=0.82

* 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.


CleanCore Solutions  (AMEX:ZONE) 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.


CleanCore Solutions Liabilities-to-Assets Related Terms

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CleanCore Solutions (CleanCore Solutions) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137
CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.

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