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Neptune Digital Assets (TSXV:NDA) Liabilities-to-Assets : 0.00 (As of Feb. 2024)


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What is Neptune Digital Assets 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. Neptune Digital Assets's Total Liabilities for the quarter that ended in Feb. 2024 was C$0.21 Mil. Neptune Digital Assets's Total Assets for the quarter that ended in Feb. 2024 was C$51.58 Mil. Therefore, Neptune Digital Assets's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.00.


Neptune Digital Assets Liabilities-to-Assets Historical Data

The historical data trend for Neptune Digital Assets'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.

Neptune Digital Assets Liabilities-to-Assets Chart

Neptune Digital Assets Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Liabilities-to-Assets
0.08 0.06 0.01 0.03 0.02

Neptune Digital Assets Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.01 0.01 0.02 0.01 -

Competitive Comparison of Neptune Digital Assets's Liabilities-to-Assets

For the Capital Markets subindustry, Neptune Digital Assets'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.


Neptune Digital Assets's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Neptune Digital Assets's Liabilities-to-Assets distribution charts can be found below:

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



Neptune Digital Assets 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.

Neptune Digital Assets's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=0.654/32.936
=0.02

Neptune Digital Assets's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=0.205/51.582
=0.00

* 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.


Neptune Digital Assets  (TSXV:NDA) 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.


Neptune Digital Assets Liabilities-to-Assets Related Terms

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Neptune Digital Assets (TSXV:NDA) Business Description

Traded in Other Exchanges
Address
1133 Melville Street, The Stack, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Neptune Digital Assets Corp is engaged in the business that building, owning, and operating digital currency infrastructure assets. Its core assets are Bitcoin mining equipment and Digital currencies and its primary business model is to generate Bitcoin. Its ancillary activities include staking and lending various digital currencies to earn interest and staking rewards. It operates in Canada and the United States.

Neptune Digital Assets (TSXV:NDA) Headlines

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