Borealis Foods Inc. (BRLS) Debt to Assets Ratio: 0.44%
The debt to assets ratio for Borealis Foods Inc. (BRLS) is 0.44% as of Wednesday, June 10, 2026.
BRLS Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.44%
BRLS Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Borealis Foods Inc. (BRLS) | $34.34M | 0.44% |
| Conagra Brands, Inc. (CAG) | $6.37B | 0.39% |
| Celsius Holdings, Inc. (CELH) | $7.43B | 0.13% |
| The Clorox Company (CLX) | $12.08B | 0.52% |
| The J. M. Smucker Company (SJM) | $12.45B | 0.44% |
| McCormick & Company, Incorporated (MKC) | $13.25B | 0.30% |
| Hormel Foods Corporation (HRL) | $13.38B | 0.21% |
| General Mills, Inc. (GIS) | $18.02B | 0.46% |
| Dollar Tree, Inc. (DLTR) | $21.29B | 0.34% |
| Church & Dwight Co., Inc. (CHD) | $23.34B | 0.25% |
Leverage Ratios Comparison
Debt/Assets
0.4%
Debt/Equity
-1.20
Current Ratio
0.12
Interest Coverage
-1.8x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Borealis Foods Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Borealis Foods Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Borealis Foods Inc. (BRLS)?
- The debt to assets ratio for BRLS stock is 0.44%.
About Borealis Foods Inc.
Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Reza Soltanzadeh