Novus Acquisition and Development Corp
Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California. It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental, vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisitio… Read more
Novus Acquisition and Development Corp (NDEV) - Total Liabilities
Latest total liabilities as of March 2025: $165.21K USD
Based on the latest financial reports, Novus Acquisition and Development Corp (NDEV) has total liabilities worth $165.21K USD as of March 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Novus Acquisition and Development Corp - Total Liabilities Trend (2006–2024)
This chart illustrates how Novus Acquisition and Development Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Novus Acquisition and Development Corp Competitors by Total Liabilities
The table below lists competitors of Novus Acquisition and Development Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
eXeBlock Technology Corp
STU:1DF
|
Germany | €113.25K |
|
Schroder Oriental Income Fund
LSE:SOI
|
UK | GBX44.42 Million |
|
INTL PRKSIDE PRDCTS
BE:YIP
|
Germany | €1.01 Million |
|
PGI Incorporated
PINK:PGAI
|
USA | $7.00K |
|
Global Opportunities Trust Ord
LSE:GOT
|
UK | GBX139.00K |
|
School Specialty Inc
PINK:SCOO
|
USA | $215.96 Million |
Liability Composition Analysis (2006–2024)
This chart breaks down Novus Acquisition and Development Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.36 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.09 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.09 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Novus Acquisition and Development Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Novus Acquisition and Development Corp (2006–2024)
The table below shows the annual total liabilities of Novus Acquisition and Development Corp from 2006 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $163.43K | +4.58% |
| 2023-12-31 | $156.27K | +4.80% |
| 2022-12-31 | $149.12K | +5.01% |
| 2021-12-31 | $142.00K | +17.60% |
| 2020-12-31 | $120.75K | +7.85% |
| 2019-12-31 | $111.97K | +10.45% |
| 2018-12-31 | $101.37K | +11.40% |
| 2017-12-31 | $91.00K | -20.68% |
| 2016-12-31 | $114.73K | -39.92% |
| 2015-12-31 | $190.95K | +24.94% |
| 2014-12-31 | $152.83K | -15.09% |
| 2011-12-31 | $180.00K | +364.92% |
| 2006-12-31 | $38.72K | -- |