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Winall Hi-tech Seed Co (SZSE:300087) Liabilities-to-Assets : 0.58 (As of Mar. 2024)


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What is Winall Hi-tech Seed Co 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. Winall Hi-tech Seed Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥3,606 Mil. Winall Hi-tech Seed Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,211 Mil. Therefore, Winall Hi-tech Seed Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.58.


Winall Hi-tech Seed Co Liabilities-to-Assets Historical Data

The historical data trend for Winall Hi-tech Seed Co'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.

Winall Hi-tech Seed Co Liabilities-to-Assets Chart

Winall Hi-tech Seed Co 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 0.63 0.64 0.53 0.57 0.62

Winall Hi-tech Seed Co 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 0.51 0.52 0.62 0.62 0.58

Competitive Comparison of Winall Hi-tech Seed Co's Liabilities-to-Assets

For the Farm Products subindustry, Winall Hi-tech Seed Co'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.


Winall Hi-tech Seed Co's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Winall Hi-tech Seed Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Winall Hi-tech Seed Co's Liabilities-to-Assets falls into.



Winall Hi-tech Seed Co 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.

Winall Hi-tech Seed Co'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
=4127.291/6709.797
=0.62

Winall Hi-tech Seed Co'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
=3606.456/6211.014
=0.58

* 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.


Winall Hi-tech Seed Co  (SZSE:300087) 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.


Winall Hi-tech Seed Co Liabilities-to-Assets Related Terms

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Winall Hi-tech Seed Co (SZSE:300087) Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.
Executives
Zhang Qin Directors, executives
Jiang San Qiao Executives
Zhang Cong He Executives
Zhu Quan Gui Executives
Gao Sheng Cong Executives
Jia Gui Lan Director
Chen Jin Jie Director
Wang Jin Directors, executives
Feng Qi Supervisors
Xu Wen Jian Director
Gao Jian Director
Wang Qun Executives
Li Cheng Quan Director
Jiang Xiao Min Supervisors

Winall Hi-tech Seed Co (SZSE:300087) Headlines

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