Table:
|  | Preliminary Allocation | Measurement Period | Final Allocation |
| --- | --- | --- | --- |
| (In millions) | As of October 2, 2017 | Adjustments | As of December 31, 2018 |
| Total consideration transferred | $ 106.6 | $ (0.4) | $ 106.2 |
| Assets: |  |  |  |
| Cash and cash equivalents | 13.3 | — | 13.3 |
| Trade receivables, net | 22.4 | — | 22.4 |
| Inventories, net | 10.0 | 0.1 | 10.1 |
| Prepaid expenses and other current assets | 8.4 | — | 8.4 |
| Property and equipment, net | 23.3 | — | 23.3 |
| Identifiable intangible assets, net | 41.4 | 0.7 | 42.1 |
| Goodwill | 39.3 | (1.5) | 37.8 |
| Total assets | $ 158.1 | $ (0.7) | $ 157.4 |
| Liabilities: |  |  |  |
| Short-term borrowings | 14.0 | — | 14.0 |
| Accounts payable | 6.9 | — | 6.9 |
| Other current liabilities | 15.1 | (0.1) | 15.0 |
| Long-term debt, less current portion | 3.8 | — | 3.8 |
| Non-current deferred taxes | 11.7 | (0.2) | 11.5 |
| Total liabilities | $ 51.5 | $ (0.3) | $ 51.2 |
Paragraphs:
Acquisition of Fagerdala
On October 2, 2017, the Company acquired Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam based in Singapore, to join its Product Care division. We acquired 100% of Fagerdala shares for estimated consideration of S$144.7 million, or $106.2 million, net of cash acquired of $13.3 million, inclusive of purchase price adjustments which were finalized in the third quarter of 2018. We acquired Fagerdala to leverage its manufacturing footprint in Asia, experience in foam manufacturing and fabrication and commercial organization to expand our presence across multiple industries utilizing fulfillment to distribute goods.
The following table summarizes the consideration transferred to acquire Fagerdala and the final allocation of the purchase price among the assets acquired and liabilities assumed. price among the assets acquired and liabilities assumed.
Question:
What is the difference between the asset to liability ratio As of December 31, 2018 vs. As of October 2, 2017?
Answer: (51.2/157.4)-(51.5/158.1) = -0.05