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China Gerui Advanced Materials Group (FRA:G60A) Liabilities-to-Assets : 0.49 (As of Sep. 2014)


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What is China Gerui Advanced Materials 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. China Gerui Advanced Materials Group's Total Liabilities for the quarter that ended in Sep. 2014 was €188.48 Mil. China Gerui Advanced Materials Group's Total Assets for the quarter that ended in Sep. 2014 was €387.22 Mil. Therefore, China Gerui Advanced Materials Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2014 was 0.49.


China Gerui Advanced Materials Group Liabilities-to-Assets Historical Data

The historical data trend for China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group Liabilities-to-Assets Chart

China Gerui Advanced Materials Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Liabilities-to-Assets
Get a 7-Day Free Trial 0.53 0.49 0.50 0.51 0.52

China Gerui Advanced Materials Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - 0.52 0.50 0.49 0.49

Competitive Comparison of China Gerui Advanced Materials Group's Liabilities-to-Assets

For the Steel subindustry, China Gerui Advanced Materials 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.


China Gerui Advanced Materials Group's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Gerui Advanced Materials Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Gerui Advanced Materials Group's Liabilities-to-Assets falls into.



China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group'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
=239.024/457.387
=0.52

China Gerui Advanced Materials Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2014 is calculated as

Liabilities-to-Assets (Q: Sep. 2014 )=Total Liabilities/Total Assets
=188.477/387.222
=0.49

* 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 Gerui Advanced Materials Group  (FRA:G60A) 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 Gerui Advanced Materials Group Liabilities-to-Assets Related Terms

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China Gerui Advanced Materials Group (FRA:G60A) Business Description

Traded in Other Exchanges
N/A
Address
1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

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