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PesoRama (TSXV:PESO) Liabilities-to-Assets : 0.84 (As of Oct. 2023)


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What is PesoRama 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. PesoRama's Total Liabilities for the quarter that ended in Oct. 2023 was C$15.43 Mil. PesoRama's Total Assets for the quarter that ended in Oct. 2023 was C$18.35 Mil. Therefore, PesoRama's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 was 0.84.


PesoRama Liabilities-to-Assets Historical Data

The historical data trend for PesoRama'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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PesoRama Liabilities-to-Assets Chart

PesoRama Annual Data
Trend Jan20 Jan21 Jan22 Jan23
Liabilities-to-Assets
0.24 0.53 1.27 0.54

PesoRama Quarterly Data
Jan20 Oct20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.54 0.58 0.74 0.84

Competitive Comparison of PesoRama's Liabilities-to-Assets

For the Discount Stores subindustry, PesoRama'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.


PesoRama's Liabilities-to-Assets Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, PesoRama's Liabilities-to-Assets distribution charts can be found below:

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



PesoRama 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.

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

Liabilities-to-Assets (A: Jan. 2023 )=Total Liabilities/Total Assets
=10.061/18.797
=0.54

PesoRama's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 is calculated as

Liabilities-to-Assets (Q: Oct. 2023 )=Total Liabilities/Total Assets
=15.432/18.35
=0.84

* 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.


PesoRama  (TSXV:PESO) 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.


PesoRama Liabilities-to-Assets Related Terms

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PesoRama (TSXV:PESO) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
PesoRama Inc operating under the JOi Canadian Stores brand is a Mexican value single price-point dollar store retailer. The firm's stores offer consistent merchandise offerings which include household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and more.

PesoRama (TSXV:PESO) Headlines

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