GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Lumena New Materials Corp (OTCPK:CHLUY) » Definitions » Liabilities-to-Assets

CHLUY (China Lumena New Materials) Liabilities-to-Assets : 1,280.99 (As of Jun. 2021)


View and export this data going back to 2011. Start your Free Trial

What is China Lumena New Materials 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. China Lumena New Materials's Total Liabilities for the quarter that ended in Jun. 2021 was $1,232.31 Mil. China Lumena New Materials's Total Assets for the quarter that ended in Jun. 2021 was $0.96 Mil. Therefore, China Lumena New Materials's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 was 1,280.99.


China Lumena New Materials Liabilities-to-Assets Historical Data

The historical data trend for China Lumena New Materials'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.

China Lumena New Materials Liabilities-to-Assets Chart

China Lumena New Materials Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 777.37 943.08 1,062.91 1,022.59 1,001.65

China Lumena New Materials Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 994.47 1,022.59 1,020.12 1,001.65 1,280.99

Competitive Comparison of China Lumena New Materials's Liabilities-to-Assets

For the Chemicals subindustry, China Lumena New Materials'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.


China Lumena New Materials's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Lumena New Materials's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Lumena New Materials's Liabilities-to-Assets falls into.



China Lumena New Materials 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.

China Lumena New Materials's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=1196.975/1.195
=1,001.65

China Lumena New Materials's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 is calculated as

Liabilities-to-Assets (Q: Jun. 2021 )=Total Liabilities/Total Assets
=1232.314/0.962
=1,280.99

* 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.


China Lumena New Materials  (OTCPK:CHLUY) 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.


China Lumena New Materials Liabilities-to-Assets Related Terms

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


China Lumena New Materials Business Description

Traded in Other Exchanges
N/A
Address
22nd Floor, Prince’s Building, Central, Hong Kong, HKG
China Lumena New Materials Corp and its subsidiaries are engaged in the manufacturing and selling of polyphenylene sulfide products including PPS resin, PPS fiber, and PPS compounds. It is also engaged in processing and selling powder thenardite, specialty thenardite and medical thenardite.

China Lumena New Materials Headlines

No Headlines