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. Nordicus Partners's Total Liabilities for the quarter that ended in Dec. 2023 was $0.06 Mil. Nordicus Partners's Total Assets for the quarter that ended in Dec. 2023 was $1.80 Mil.
Therefore, Nordicus Partners's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.04.
Nordicus Partners Liabilities-to-Assets Historical Data
The historical data trend for Nordicus Partners'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.
Competitive Comparison of Nordicus Partners's Liabilities-to-Assets
For the Consulting Services subindustry, Nordicus Partners'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.
Nordicus Partners's Liabilities-to-Assets Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Nordicus Partners's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Nordicus Partners's Liabilities-to-Assets falls into.
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.
Nordicus Partners's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:
* 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.
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.
Nordicus Partners Liabilities-to-Assets Related Terms
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Nordicus Partners (Nordicus Partners) Business Description
Nordicus Partners Corp is a Denmark-based financial consulting company and wholly owned subsidiary of ekimas corporation, Specializing in providing Nordic companies with the best possible conditions to establish themselves on the us market, taking advantage of management's combined 90+ years of experience in the corporate sector, serving in different capacities both domestically and globally. The company's core competencies lie in assisting Danish as well as Nordic and international companies in different areas of corporate finance activities, such as business valuation, growth strategies, attracting capital for business & company acquisition, and sales.
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