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China Runji Cement (China Runji Cement) Liabilities-to-Assets : 0.61 (As of Feb. 2011)


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What is China Runji Cement 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 Runji Cement's Total Liabilities for the quarter that ended in Feb. 2011 was $49.66 Mil. China Runji Cement's Total Assets for the quarter that ended in Feb. 2011 was $81.05 Mil. Therefore, China Runji Cement's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2011 was 0.61.


China Runji Cement Liabilities-to-Assets Historical Data

The historical data trend for China Runji Cement'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 Runji Cement Liabilities-to-Assets Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Liabilities-to-Assets
0.72 2.23 0.68 0.68 0.67

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 0.67 0.67 0.67 0.65 0.61

Competitive Comparison of China Runji Cement's Liabilities-to-Assets

For the Building Materials subindustry, China Runji Cement'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 Runji Cement's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, China Runji Cement's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Runji Cement's Liabilities-to-Assets falls into.



China Runji Cement 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 Runji Cement's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2010 is calculated as:

Liabilities-to-Assets (A: Aug. 2010 )=Total Liabilities/Total Assets
=49.733/74.777
=0.67

China Runji Cement's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2011 is calculated as

Liabilities-to-Assets (Q: Feb. 2011 )=Total Liabilities/Total Assets
=49.656/81.048
=0.61

* 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 Runji Cement  (GREY:CRJI) 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 Runji Cement Liabilities-to-Assets Related Terms

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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

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