GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » BT Brands Inc (NAS:BTBD) » Definitions » Liabilities-to-Assets

BT Brands (BT Brands) Liabilities-to-Assets : 0.37 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is BT Brands 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. BT Brands's Total Liabilities for the quarter that ended in Mar. 2024 was $5.20 Mil. BT Brands's Total Assets for the quarter that ended in Mar. 2024 was $14.00 Mil. Therefore, BT Brands's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.37.


BT Brands Liabilities-to-Assets Historical Data

The historical data trend for BT Brands'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.

BT Brands Liabilities-to-Assets Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.57 1.21 0.27 0.40 0.37

BT Brands 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 0.35 0.37 0.35 0.37 0.37

Competitive Comparison of BT Brands's Liabilities-to-Assets

For the Restaurants subindustry, BT Brands'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.


BT Brands's Liabilities-to-Assets Distribution in the Restaurants Industry

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

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



BT Brands 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.

BT Brands'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
=5.42/14.609
=0.37

BT Brands'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
=5.204/14.001
=0.37

* 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.


BT Brands  (NAS:BTBD) 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.


BT Brands Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of BT Brands's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


BT Brands (BT Brands) Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.
Executives
Gary Copperud director, 10 percent owner, officer: Chief Executive Officer 405 WEST MAIN STREET, WEST FARGO ND 58078
Allan D Anderson director 950 BLUFF CIRCLE NORTH, CHASKA MN 55318
Terri Tochihara-dirks director 405 WEST MAIN AVENUE, SUITE 20, WEST FARGO ND 58078
Steven W Schussler director 720 S FIFTH STREET, HOPKINS MN 55343
Jeffrey A Zinnecker director, 10 percent owner 405 WEST MAIN STREET, WEST FARGO ND 58078
Kenneth William Brimmer director, officer: Chief Operating Officer SUITE 102, 10501 WAYZATA BLVD., MINNETONKA MN 55305
Sally Copperud 10 percent owner 405 WEST MAIN, WEST FARGO ND 58078