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Morses Club (Morses Club) Liabilities-to-Assets : 0.80 (As of Aug. 2022)


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What is Morses Club 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. Morses Club's Total Liabilities for the quarter that ended in Aug. 2022 was $75.6 Mil. Morses Club's Total Assets for the quarter that ended in Aug. 2022 was $94.4 Mil. Therefore, Morses Club's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2022 was 0.80.


Morses Club Liabilities-to-Assets Historical Data

The historical data trend for Morses Club'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.

Morses Club Liabilities-to-Assets Chart

Morses Club Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.25 0.25 0.38 0.24 0.68

Morses Club Semi-Annual Data
Feb14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
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 0.25 0.24 0.30 0.68 0.80

Competitive Comparison of Morses Club's Liabilities-to-Assets

For the Credit Services subindustry, Morses Club'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.


Morses Club's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morses Club's Liabilities-to-Assets distribution charts can be found below:

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



Morses Club 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.

Morses Club's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2022 is calculated as:

Liabilities-to-Assets (A: Feb. 2022 )=Total Liabilities/Total Assets
=93.907/137.52
=0.68

Morses Club's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2022 is calculated as

Liabilities-to-Assets (Q: Aug. 2022 )=Total Liabilities/Total Assets
=75.571/94.425
=0.80

* 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.


Morses Club  (OTCPK:MCLBF) 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.


Morses Club Liabilities-to-Assets Related Terms

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Morses Club (Morses Club) Business Description

Traded in Other Exchanges
N/A
Address
1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT
Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

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