NBIO (Nascent Biotech) Total Liabilities: $0.74 Mil (As of Jun. 2024)

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What is Nascent Biotech Total Liabilities?

Nascent Biotech NBIO Total Liabilities is $0.74 Mil as of Jun. 2024.

Nascent Biotech's Total Liabilities for the quarter that ended in Jun. 2024 was $0.74 Mil.

Nascent Biotech's quarterly Total Liabilities increased from Dec. 2023 ($0.61 Mil) to Mar. 2024 ($0.81 Mil) but then declined from Mar. 2024 ($0.81 Mil) to Jun. 2024 ($0.74 Mil).

Nascent Biotech's annual Total Liabilities increased from Mar. 2022 ($0.78 Mil) to Mar. 2023 ($1.55 Mil) but then declined from Mar. 2023 ($1.55 Mil) to Mar. 2024 ($0.81 Mil).


Nascent Biotech Total Liabilities Historical Data

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The historical data trend for Nascent Biotech's Total Liabilities 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.

Nascent Biotech Total Liabilities Chart

Nascent Biotech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Liabilities
Get a 7-Day Free Trial 2.88 1.22 0.78 1.55 0.81

Nascent Biotech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Liabilities 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 1.23 1.05 0.61 0.81 0.74

Nascent Biotech Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Nascent Biotech's Total Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Liabilities=Total Assets (A: Mar. 2024 )-Total Equity (A: Mar. 2024 )
=0.552--0.257
=0.81

Nascent Biotech's Total Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Liabilities=Total Assets (Q: Jun. 2024 )-Total Equity (Q: Jun. 2024 )
=0.227--0.515
=0.74

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $0.74 Mil mean?
Nascent Biotech (NBIO) has a Total Liabilities of $0.74 Mil as of Jun. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nascent Biotech and its competitors.
Is Nascent Biotech's Total Liabilities too high?
Nascent Biotech's current Total Liabilities is $0.74 Mil.
How does Nascent Biotech's Total Liabilities compare to BTAX and PXMD?
Nascent Biotech's Total Liabilities of $0.74 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Biotechnology company?
A good Total Liabilities depends on the Biotechnology industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nascent Biotech and its competitors. Nascent Biotech's current Total Liabilities is $0.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nascent Biotech stock overvalued right now?
Nascent Biotech (NBIO) has a current Total Liabilities of $0.74 Mil. The current Total Liabilities is $0.74 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Nascent Biotech (NBIO), the current Total Liabilities is $0.74 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nascent Biotech Business Description

Address 631 US Hwy 1, Suite 407, N Palm Beach, FL, USA, 33408
Nascent Biotech Inc is a United States-based clinical-stage biopharmaceutical company. The company is focused on the development and delivery of human antibodies and cytokine responses to the treatment of cancer. The company's products include Pritumumab, CLNH5, and MultiPharm. The company is engaged in the development of Pritumumab which would be used for the treatment of brain cancer and pancreatic cancer. The company is also exploring the use of Pritumumab against other viruses.