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Sino Logistics PCL (BKK:SINO) Liabilities-to-Assets : 0.38 (As of Mar. 2024)


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What is Sino Logistics PCL 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. Sino Logistics PCL's Total Liabilities for the quarter that ended in Mar. 2024 was ฿534 Mil. Sino Logistics PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,402 Mil. Therefore, Sino Logistics PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.38.


Sino Logistics PCL Liabilities-to-Assets Historical Data

The historical data trend for Sino Logistics PCL'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.

Sino Logistics PCL Liabilities-to-Assets Chart

Sino Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.74 0.46 0.37

Sino Logistics PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only - 0.48 0.37 0.37 0.38

Competitive Comparison of Sino Logistics PCL's Liabilities-to-Assets

For the Integrated Freight & Logistics subindustry, Sino Logistics PCL'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.


Sino Logistics PCL's Liabilities-to-Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sino Logistics PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sino Logistics PCL's Liabilities-to-Assets falls into.



Sino Logistics PCL 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.

Sino Logistics PCL'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
=510.719/1372.853
=0.37

Sino Logistics PCL'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
=534.071/1401.543
=0.38

* 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.


Sino Logistics PCL  (BKK:SINO) 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.


Sino Logistics PCL Liabilities-to-Assets Related Terms

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Sino Logistics PCL (BKK:SINO) Business Description

Traded in Other Exchanges
N/A
Address
Rama 3 Road, 7th Floor, Unit No. 05, 1011 Supalai Grand Tower, Chongnonsee, Yannawa, Bangkok, THA, 10120
Sino Logistics Corp PCL is engaged in international and domestic freight forwarding, for sea freight, air freight, land transportation, and multimodal transport operator, warehouse rental service, and provides customs clearance services for imports and exports. It has four reportable segments, which are sea freight, air freight, warehouse rental service, and logistics support. It generate the majority of its revenue from Sea freight.

Sino Logistics PCL (BKK:SINO) Headlines

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