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Green Rise Foods (TSXV:GRF) Liabilities-to-Assets : 0.97 (As of Dec. 2023)


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What is Green Rise Foods 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. Green Rise Foods's Total Liabilities for the quarter that ended in Dec. 2023 was C$52.52 Mil. Green Rise Foods's Total Assets for the quarter that ended in Dec. 2023 was C$54.08 Mil. Therefore, Green Rise Foods's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.97.


Green Rise Foods Liabilities-to-Assets Historical Data

The historical data trend for Green Rise Foods'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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Green Rise Foods Liabilities-to-Assets Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.73 0.76 0.89 0.94 0.97

Green Rise Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.94 0.95 0.92 0.91 0.97

Competitive Comparison of Green Rise Foods's Liabilities-to-Assets

For the Farm Products subindustry, Green Rise Foods'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.


Green Rise Foods's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Rise Foods's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Green Rise Foods's Liabilities-to-Assets falls into.



Green Rise Foods 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.

Green Rise Foods'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
=52.519/54.082
=0.97

Green Rise Foods'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
=52.519/54.082
=0.97

* 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.


Green Rise Foods  (TSXV:GRF) 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.


Green Rise Foods Liabilities-to-Assets Related Terms

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Green Rise Foods (TSXV:GRF) Business Description

Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent and reliable products to meet the growing consumer demand for locally grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to majority of its customers.