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GPO Plus (GPO Plus) Liabilities-to-Assets : 5.62 (As of Jan. 2024)


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What is GPO Plus 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. GPO Plus's Total Liabilities for the quarter that ended in Jan. 2024 was $6.98 Mil. GPO Plus's Total Assets for the quarter that ended in Jan. 2024 was $1.24 Mil. Therefore, GPO Plus's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 5.62.


GPO Plus Liabilities-to-Assets Historical Data

The historical data trend for GPO Plus'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.

GPO Plus Liabilities-to-Assets Chart

GPO Plus Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Liabilities-to-Assets
Get a 7-Day Free Trial 4.20 0.31 17.96 6.87 7.55

GPO Plus Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.57 7.55 6.58 7.20 5.62

Competitive Comparison of GPO Plus's Liabilities-to-Assets

For the Specialty Business Services subindustry, GPO Plus'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.


GPO Plus's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPO Plus's Liabilities-to-Assets distribution charts can be found below:

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



GPO Plus 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.

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

Liabilities-to-Assets (A: Apr. 2023 )=Total Liabilities/Total Assets
=4.453/0.59
=7.55

GPO Plus's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=6.977/1.241
=5.62

* 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.


GPO Plus  (OTCPK:GPOX) 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.


GPO Plus Liabilities-to-Assets Related Terms

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GPO Plus (GPO Plus) Business Description

Traded in Other Exchanges
N/A
Address
3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120
GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).