What type of financial analysis uses current liabilities plus noncurrent liabilities divided by total assets?

The correct answer is a Debt Ratio Assessment. This financial analysis measures the proportion of a company’s total assets that are financed through debt, which includes both current liabilities and noncurrent liabilities. By dividing the sum of these liabilities by the total assets, this ratio provides insights into the company's financial leverage and risk.

A higher debt ratio indicates a greater reliance on borrowed funds, which can signal higher financial risk, while a lower ratio suggests a more stable Funding structure. This assessment is crucial for investors and creditors because it helps to determine the company's solvency and risk profile, influencing their investment and lending decisions.

Other options, while related to financial assessments, do not utilize the same formula or provide the same insights. Working capital calculations typically focus on current assets and current liabilities to evaluate short-term financial health. Expense analysis pertains to scrutinizing a company's costs to improve efficiency, while profitability assessments involve analyzing income statements to understand a company's ability to generate profit, none of which require the specific calculation involving total liabilities and assets as seen in a debt ratio assessment.