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Atlantic China Welding Consumables (SHSE:600558) Liabilities-to-Assets : 0.21 (As of Mar. 2024)


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What is Atlantic China Welding Consumables 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. Atlantic China Welding Consumables's Total Liabilities for the quarter that ended in Mar. 2024 was ¥675 Mil. Atlantic China Welding Consumables's Total Assets for the quarter that ended in Mar. 2024 was ¥3,160 Mil. Therefore, Atlantic China Welding Consumables's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.21.


Atlantic China Welding Consumables Liabilities-to-Assets Historical Data

The historical data trend for Atlantic China Welding Consumables'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.

Atlantic China Welding Consumables Liabilities-to-Assets Chart

Atlantic China Welding Consumables 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 0.27 0.25 0.26 0.25 0.23

Atlantic China Welding Consumables Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.25 0.24 0.23 0.21

Competitive Comparison of Atlantic China Welding Consumables's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Atlantic China Welding Consumables'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.


Atlantic China Welding Consumables's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlantic China Welding Consumables's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Atlantic China Welding Consumables's Liabilities-to-Assets falls into.



Atlantic China Welding Consumables 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.

Atlantic China Welding Consumables'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
=735.573/3184.573
=0.23

Atlantic China Welding Consumables's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=675.099/3159.611
=0.21

* 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.


Atlantic China Welding Consumables  (SHSE:600558) 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.


Atlantic China Welding Consumables Liabilities-to-Assets Related Terms

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Atlantic China Welding Consumables (SHSE:600558) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Machongkou Street, Da'an District, Zigong, Sichuan, CHN, 643010
Atlantic China Welding Consumables Inc is a welding consumable manufactory in China. Its products include mild steel electrodes, cellulose electrodes, high toughness electrodes, low alloy steel electrodes, hard facing electrodes, stainless steel electrodes, low-temperature steel electrodes, Mo and Cr-Mo heat resistant steel electrodes, and cast-iron electrodes. The company's products are widely used in power station boilers, pressure vessels, nuclear and space industries, bridges, ships, vehicles, petroleum and chemical industry, hydropower and thermal power stations.
Executives
Yang Fang Supervisors
Lan Kun Director

Atlantic China Welding Consumables (SHSE:600558) Headlines

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