GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » AiXin Life International Inc (OTCPK:AIXN) » Definitions » Liabilities-to-Assets

AIXN (AiXin Life International) Liabilities-to-Assets : 1.45 (As of Jun. 2024)


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

What is AiXin Life International 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. AiXin Life International's Total Liabilities for the quarter that ended in Jun. 2024 was $7.96 Mil. AiXin Life International's Total Assets for the quarter that ended in Jun. 2024 was $5.51 Mil. Therefore, AiXin Life International's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 1.45.


AiXin Life International Liabilities-to-Assets Historical Data

The historical data trend for AiXin Life International'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.

AiXin Life International Liabilities-to-Assets Chart

AiXin Life International Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.48 1.09 1.40

AiXin Life International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.15 1.22 1.40 1.44 1.45

Competitive Comparison of AiXin Life International's Liabilities-to-Assets

For the Food Distribution subindustry, AiXin Life International'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.


AiXin Life International's Liabilities-to-Assets Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, AiXin Life International's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AiXin Life International's Liabilities-to-Assets falls into.



AiXin Life International 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.

AiXin Life International'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
=6.754/4.842
=1.39

AiXin Life International's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=7.961/5.508
=1.45

* 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.


AiXin Life International  (OTCPK:AIXN) 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.


AiXin Life International Liabilities-to-Assets Related Terms

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


AiXin Life International Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN
AiXin Life International Inc manufactures, market and sells premium-quality healthcare, nutritional products, and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods, and drinks. The operating segments are products, Pharmacies, Hotels, and manufacturer and sales. It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
Executives
Hsin-liang Christopher Lee director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li officer: Chief Financial Officer NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang director 704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin director, 10 percent owner, officer: President and CEO 9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis director, officer: CEO and President 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp 10 percent owner 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins officer: Exec. VP and COO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum officer: Exec. VP and CFO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins director, 10 percent owner 1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield director, 10 percent owner
Robert Marsik director, 10 percent owner, officer: President

AiXin Life International Headlines

No Headlines