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China Gengsheng Minerals (FRA:CGS) Liabilities-to-Assets : 0.84 (As of Dec. 2013)


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What is China Gengsheng Minerals 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 Gengsheng Minerals's Total Liabilities for the quarter that ended in Dec. 2013 was €86.86 Mil. China Gengsheng Minerals's Total Assets for the quarter that ended in Dec. 2013 was €103.62 Mil. Therefore, China Gengsheng Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 was 0.84.


China Gengsheng Minerals Liabilities-to-Assets Historical Data

The historical data trend for China Gengsheng Minerals'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 Gengsheng Minerals Liabilities-to-Assets Chart

China Gengsheng Minerals Annual Data
Trend Sep06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Liabilities-to-Assets
Get a 7-Day Free Trial 0.50 0.58 0.64 0.75 0.84

China Gengsheng Minerals Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 0.75 0.77 0.79 0.80 0.84

Competitive Comparison of China Gengsheng Minerals's Liabilities-to-Assets

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

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

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



China Gengsheng Minerals 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 Gengsheng Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Liabilities-to-Assets (A: Dec. 2013 )=Total Liabilities/Total Assets
=86.857/103.623
=0.84

China Gengsheng Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 is calculated as

Liabilities-to-Assets (Q: Dec. 2013 )=Total Liabilities/Total Assets
=86.857/103.623
=0.84

* 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 Gengsheng Minerals  (FRA:CGS) 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 Gengsheng Minerals Liabilities-to-Assets Related Terms

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China Gengsheng Minerals (FRA:CGS) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Gengsheng Road, Dayugou Town, Gongyi, Henan, CHN, 451271
China Gengsheng Minerals Inc is a holding company. It operates in the materials technology industry through its subsidiaries in China. It develops, manufactures and sells a broad range of mineral-based products. Its products include refractory products, industrial ceramics, fracture proppants and fine precision abrasives and corundum materials. It sells its products to iron, steel, oil, glass, cement, aluminum, chemical and solar industries. The company has Refractories, Industrial ceramic, Fracture proppant, Fire precision abrasives segments. It derives the majority of its revenues from Refractories segment.

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