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Pintec Technology Holdings (Pintec Technology Holdings) Liabilities-to-Assets : 2.41 (As of Jun. 2023)


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What is Pintec Technology Holdings 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. Pintec Technology Holdings's Total Liabilities for the quarter that ended in Jun. 2023 was $51.86 Mil. Pintec Technology Holdings's Total Assets for the quarter that ended in Jun. 2023 was $21.52 Mil. Therefore, Pintec Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 2.41.


Pintec Technology Holdings Liabilities-to-Assets Historical Data

The historical data trend for Pintec Technology Holdings'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.

Pintec Technology Holdings Liabilities-to-Assets Chart

Pintec Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial 0.55 0.77 0.95 1.09 1.47

Pintec Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.00 1.09 1.29 1.47 2.41

Competitive Comparison of Pintec Technology Holdings's Liabilities-to-Assets

For the Credit Services subindustry, Pintec Technology Holdings'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.


Pintec Technology Holdings's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Pintec Technology Holdings's Liabilities-to-Assets falls into.



Pintec Technology Holdings 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.

Pintec Technology Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=111.308/75.86
=1.47

Pintec Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=51.864/21.518
=2.41

* 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.


Pintec Technology Holdings  (NAS:PT) 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.


Pintec Technology Holdings Liabilities-to-Assets Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111
Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.

Pintec Technology Holdings (Pintec Technology Holdings) Headlines