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Pizza Pizza Royalty (TSX:PZA) Liabilities-to-Assets : 0.21 (As of Dec. 2023)


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What is Pizza Pizza Royalty 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. Pizza Pizza Royalty's Total Liabilities for the quarter that ended in Dec. 2023 was C$76.18 Mil. Pizza Pizza Royalty's Total Assets for the quarter that ended in Dec. 2023 was C$370.09 Mil. Therefore, Pizza Pizza Royalty's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.21.


Pizza Pizza Royalty Liabilities-to-Assets Historical Data

The historical data trend for Pizza Pizza Royalty'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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Pizza Pizza Royalty Liabilities-to-Assets Chart

Pizza Pizza Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.20 0.21 0.21

Pizza Pizza Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.20 0.20 0.20 0.21

Competitive Comparison of Pizza Pizza Royalty's Liabilities-to-Assets

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Liabilities-to-Assets Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Liabilities-to-Assets distribution charts can be found below:

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



Pizza Pizza Royalty 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.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=76.184/370.092
=0.21

Pizza Pizza Royalty's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=76.184/370.092
=0.21

* 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.


Pizza Pizza Royalty  (TSX:PZA) 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.


Pizza Pizza Royalty Liabilities-to-Assets Related Terms

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Pizza Pizza Royalty (TSX:PZA) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.
Executives
Edward Peter Howard Nash Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)