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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Liabilities-to-Assets : 0.13 (As of Dec. 2023)


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What is Baosheng Media Group 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. Baosheng Media Group Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was $6.47 Mil. Baosheng Media Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was $48.83 Mil. Therefore, Baosheng Media Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.13.


Baosheng Media Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for Baosheng Media Group 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.

Baosheng Media Group Holdings Liabilities-to-Assets Chart

Baosheng Media Group Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.62 0.55 0.21 0.22 0.13

Baosheng Media Group Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.21 0.18 0.22 0.19 0.13

Competitive Comparison of Baosheng Media Group Holdings's Liabilities-to-Assets

For the Advertising Agencies subindustry, Baosheng Media Group 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.


Baosheng Media Group Holdings's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Baosheng Media Group Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Baosheng Media Group Holdings's Liabilities-to-Assets falls into.



Baosheng Media Group 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.

Baosheng Media Group Holdings'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
=6.468/48.828
=0.13

Baosheng Media Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6.468/48.828
=0.13

* 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.


Baosheng Media Group Holdings  (NAS:BAOS) 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.


Baosheng Media Group Holdings Liabilities-to-Assets Related Terms

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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 8, Xishanhui, East Floor 5, Shijingshan District, Beijing, CHN, 100041
Baosheng Media Group Holdings Ltd operates as a V-log streaming marketing service provider. The firm offers comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing including content production and operation, e-commerce marketing, original big data platform system service, and AI technology. It provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications.