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Sino Grandness Food Industry Group (SGX:T4B) Liabilities-to-Assets : 0.46 (As of Dec. 2020)


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What is Sino Grandness Food Industry 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. Sino Grandness Food Industry Group's Total Liabilities for the quarter that ended in Dec. 2020 was S$326.4 Mil. Sino Grandness Food Industry Group's Total Assets for the quarter that ended in Dec. 2020 was S$717.3 Mil. Therefore, Sino Grandness Food Industry Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 was 0.46.


Sino Grandness Food Industry Group Liabilities-to-Assets Historical Data

The historical data trend for Sino Grandness Food Industry 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.

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Sino Grandness Food Industry Group Liabilities-to-Assets Chart

Sino Grandness Food Industry Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.30 0.33 0.46 0.47

Sino Grandness Food Industry Group Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Dec20 Dec21
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 0.30 0.29 0.33 0.46 0.47

Competitive Comparison of Sino Grandness Food Industry Group's Liabilities-to-Assets

For the Packaged Foods subindustry, Sino Grandness Food Industry 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.


Sino Grandness Food Industry Group's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sino Grandness Food Industry Group's Liabilities-to-Assets falls into.



Sino Grandness Food Industry 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.

Sino Grandness Food Industry Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=351.685/754.593
=0.47

Sino Grandness Food Industry Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2020 is calculated as

Liabilities-to-Assets (Q: Dec. 2020 )=Total Liabilities/Total Assets
=326.425/717.311
=0.46

* 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.


Sino Grandness Food Industry Group  (SGX:T4B) 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.


Sino Grandness Food Industry Group Liabilities-to-Assets Related Terms

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Sino Grandness Food Industry Group (SGX:T4B) Business Description

Traded in Other Exchanges
N/A
Address
1 Tangtou Road, Shiyan Street, 7th Floor, Unit 0729, Block 2B, Skyworth Inno Valley, Baoan District, Shenzhen, CHN
Sino Grandness Food Industry Group Ltd is an investment holding company. The company's operating segment includes Canned vegetable and fruits and Fruit beverages. It generates maximum revenue from the Fruit beverages segment. Geographically, it derives a majority of revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its product includes mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.

Sino Grandness Food Industry Group (SGX:T4B) Headlines

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