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Feiyang International Holdings Group (HKSE:01901) Liabilities-to-Assets : 0.86 (As of Dec. 2023)


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What is Feiyang International Holdings 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. Feiyang International Holdings Group's Total Liabilities for the quarter that ended in Dec. 2023 was HK$532.4 Mil. Feiyang International Holdings Group's Total Assets for the quarter that ended in Dec. 2023 was HK$620.0 Mil. Therefore, Feiyang International Holdings Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.86.


Feiyang International Holdings Group Liabilities-to-Assets Historical Data

The historical data trend for Feiyang International Holdings 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.

Feiyang International Holdings Group Liabilities-to-Assets Chart

Feiyang International Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.63 0.74 0.92 0.77 0.86

Feiyang International Holdings Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.92 0.75 0.77 0.80 0.86

Competitive Comparison of Feiyang International Holdings Group's Liabilities-to-Assets

For the Travel Services subindustry, Feiyang International Holdings 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.


Feiyang International Holdings Group's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Feiyang International Holdings Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Feiyang International Holdings Group's Liabilities-to-Assets falls into.



Feiyang International Holdings 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.

Feiyang International Holdings Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=532.35/620.045
=0.86

Feiyang International Holdings Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=532.35/620.045
=0.86

* 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.


Feiyang International Holdings Group  (HKSE:01901) 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.


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Feiyang International Holdings Group (HKSE:01901) Business Description

Traded in Other Exchanges
N/A
Address
(1-140) 30 Dashani Street, Haishu District, Zhejiang, Ningbo, CHN
Feiyang International Holdings Group Ltd is a travel service provider. It is principally engaged in the design, development and sales of outbound travel package tours; the design, development and sales of FIT Products; and the provision of other ancillary travel-related products and services. The company derives maximum revenue from Sales of package tours. Geographically, it generates a majority of revenue from China.
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He Binfeng 2101 Beneficial owner
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Feiyang International Holdings Group (HKSE:01901) Headlines

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