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Verde Resources (Verde Resources) Liabilities-to-Assets : 0.07 (As of Mar. 2024)


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What is Verde Resources 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. Verde Resources's Total Liabilities for the quarter that ended in Mar. 2024 was $2.69 Mil. Verde Resources's Total Assets for the quarter that ended in Mar. 2024 was $38.81 Mil. Therefore, Verde Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.07.


Verde Resources Liabilities-to-Assets Historical Data

The historical data trend for Verde Resources'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.

Verde Resources Liabilities-to-Assets Chart

Verde Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.00 54.33 0.52 0.58 0.07

Verde Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 0.07 0.07 0.07 0.07

Competitive Comparison of Verde Resources's Liabilities-to-Assets

For the Agricultural Inputs subindustry, Verde Resources'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.


Verde Resources's Liabilities-to-Assets Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Verde Resources's Liabilities-to-Assets distribution charts can be found below:

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



Verde Resources 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.

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

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=2.603/38.824
=0.07

Verde Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2.689/38.807
=0.07

* 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.


Verde Resources  (OTCPK:VRDR) 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.


Verde Resources Liabilities-to-Assets Related Terms

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Verde Resources (Verde Resources) Business Description

Traded in Other Exchanges
N/A
Address
2 Cityplace Drive, Suite 200, St. Louis, MO, USA, 63141
Verde Resources Inc operates is a US-based company. The Company currently is engaged in the production and distribution of renewable commodities, distribution of THC-free cannabinoid (CBD) products, and real property holding. The company has four operating segments, Distribution of THC-free cannabinoid (CBD) products; Production and distribution of renewable commodities; Holding of real property; and Licensor of proprietary pyrolysis technology.
Executives
Oil Berhad Borneo 10 percent owner 1ST AND 2ND FLOOR, VICTORIA POINT,, JALAN OKK AWANG BESAR, W. P. LABUAN N8 87007
Borneo Oil & Gas Corp Sdn Bhd 10 percent owner 17TH FLOOR, MENARA HAP SENG, NO. 1 & 3, JALAN P. RAMLEE, KUALA LUMPUR N8 50250
Ming Ding Wu director, 10 percent owner, officer: President UNIT 1503, 15/F, THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
All Fine Holdings Ltd 10 percent owner UNIT 1503, 15/F., THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
Michael Stiege director, 10 percent owner 905 VENTURE WAY, MILL VALLEY CA 94941
Stephen Spalding director, 10 percent owner, officer: Pres., CEO, Tres., Sec. 905 VENTURE WAY, MILL VALLEY CA 94941
Kukulcan Diversified Corp. 10 percent owner PO BOX 1405, LOS ALTOS CA 94023