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Genufood Energy Enzymes (Genufood Energy Enzymes) Liabilities-to-Assets : 1.20 (As of Dec. 2023)


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What is Genufood Energy Enzymes 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. Genufood Energy Enzymes's Total Liabilities for the quarter that ended in Dec. 2023 was $0.15 Mil. Genufood Energy Enzymes's Total Assets for the quarter that ended in Dec. 2023 was $0.12 Mil. Therefore, Genufood Energy Enzymes's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.20.


Genufood Energy Enzymes Liabilities-to-Assets Historical Data

The historical data trend for Genufood Energy Enzymes'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.

Genufood Energy Enzymes Liabilities-to-Assets Chart

Genufood Energy Enzymes Annual Data
Trend Sep11 Sep12 Sep13 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 2.90 20.61 0.34 1.55 0.73

Genufood Energy Enzymes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 4.16 0.40 0.49 0.73 1.20

Competitive Comparison of Genufood Energy Enzymes's Liabilities-to-Assets

For the Shell Companies subindustry, Genufood Energy Enzymes'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.


Genufood Energy Enzymes's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Genufood Energy Enzymes's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Genufood Energy Enzymes's Liabilities-to-Assets falls into.



Genufood Energy Enzymes 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.

Genufood Energy Enzymes's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=0.148/0.202
=0.73

Genufood Energy Enzymes'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
=0.149/0.124
=1.20

* 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.


Genufood Energy Enzymes  (OTCPK:GFOO) 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.


Genufood Energy Enzymes Liabilities-to-Assets Related Terms

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Genufood Energy Enzymes (Genufood Energy Enzymes) Business Description

Traded in Other Exchanges
N/A
Address
1108 S. Baldwin Avenue, Suite 107, Arcadia, CA, USA, 91007
Genufood Energy Enzymes Corp is a United States-based development stage company. The company distributes enzyme dietary supplement for human and animal consumption. ProCellax and ProAnilax are brands owned by the company. There are two sites under construction for charging stations and three sites under planning.
Executives
Hsi-ta Su director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Nan-yao Chan director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Wen Piao Lai director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Kuang Ming Tsai director, officer: President, CEO, CFO 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Jia-tian Lin director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Shao-cheng Wang officer: CFO, Secretary 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Jui Pin Lin 10 percent owner 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Ching Ming Hsu director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007

Genufood Energy Enzymes (Genufood Energy Enzymes) Headlines