GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WH Group Ltd (HKSE:00288) » Definitions » Liabilities-to-Assets

WH Group (HKSE:00288) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is WH Group 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. WH Group's Total Liabilities for the quarter that ended in Dec. 2023 was HK$67,196 Mil. WH Group's Total Assets for the quarter that ended in Dec. 2023 was HK$149,784 Mil. Therefore, WH Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


WH Group Liabilities-to-Assets Historical Data

The historical data trend for WH Group'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.

WH Group Liabilities-to-Assets Chart

WH Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.41 0.50 0.48 0.45

WH Group Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only - 0.48 0.46 - 0.45

Competitive Comparison of WH Group's Liabilities-to-Assets

For the Packaged Foods subindustry, WH Group'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.


WH Group's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WH Group's Liabilities-to-Assets distribution charts can be found below:

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



WH Group 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.

WH Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=67195.519/149784.154
=0.45

WH Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=67195.519/149784.154
=0.45

* 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.


WH Group  (HKSE:00288) 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.


WH Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of WH Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


WH Group (HKSE:00288) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG
WH Group, listed on the Hong Kong exchange, is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and U.S. operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the U.S., its key packaged meats brands, in which it has an 8% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company's operating profit to be split almost equally between the U.S. and China going forward with a small contribution from Europe.

WH Group (HKSE:00288) Headlines

No Headlines