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Spring Pharmaceutical Group (Spring Pharmaceutical Group) Liabilities-to-Assets : 0.01 (As of Mar. 2019)


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What is Spring Pharmaceutical Group 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. Spring Pharmaceutical Group's Total Liabilities for the quarter that ended in Mar. 2019 was $0.64 Mil. Spring Pharmaceutical Group's Total Assets for the quarter that ended in Mar. 2019 was $115.95 Mil. Therefore, Spring Pharmaceutical Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2019 was 0.01.


Spring Pharmaceutical Group Liabilities-to-Assets Historical Data

The historical data trend for Spring Pharmaceutical Group'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.

Spring Pharmaceutical Group Liabilities-to-Assets Chart

Spring Pharmaceutical Group Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.03 0.02 0.01

Spring Pharmaceutical Group Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.02 0.01 0.02 0.02 0.01

Competitive Comparison of Spring Pharmaceutical Group's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Spring Pharmaceutical Group'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.


Spring Pharmaceutical Group's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Spring Pharmaceutical Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Spring Pharmaceutical Group's Liabilities-to-Assets falls into.



Spring Pharmaceutical Group 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.

Spring Pharmaceutical Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2019 is calculated as:

Liabilities-to-Assets (A: Mar. 2019 )=Total Liabilities/Total Assets
=0.64/115.948
=0.01

Spring Pharmaceutical Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2019 is calculated as

Liabilities-to-Assets (Q: Mar. 2019 )=Total Liabilities/Total Assets
=0.64/115.948
=0.01

* 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.


Spring Pharmaceutical Group  (OTCPK:CYIG) 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.


Spring Pharmaceutical Group Liabilities-to-Assets Related Terms

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Spring Pharmaceutical Group (Spring Pharmaceutical Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Quanxing Road, Sishui County, Shandong Province, Jinan, CHN, 273200
Spring Pharmaceutical Group Inc is a health care company. The company is engaged in the developing, manufacturing and selling innovative traditional Chinese medicines made from panax ginseng leaves extract, developing acer truncatum bunge planting, processing and selling acer truncatum bunge seed oils in the PRC. Some of its product includes Vitality Source Capsule (24 capsules); Vitality Source Capsules (36 capsules); Millet cattle drinking music and others.