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Sun Art Retail Group (HKSE:06808) Liabilities-to-Assets : 0.65 (As of Sep. 2024)


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What is Sun Art Retail 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. Sun Art Retail Group's Total Liabilities for the quarter that ended in Sep. 2024 was HK$44,265 Mil. Sun Art Retail Group's Total Assets for the quarter that ended in Sep. 2024 was HK$68,266 Mil. Therefore, Sun Art Retail Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.65.


Sun Art Retail Group Liabilities-to-Assets Historical Data

The historical data trend for Sun Art Retail 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.

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Sun Art Retail Group Liabilities-to-Assets Chart

Sun Art Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.64 0.62 0.62 0.64

Sun Art Retail Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.63 0.62 0.64 0.64 0.65

Competitive Comparison of Sun Art Retail Group's Liabilities-to-Assets

For the Department Stores subindustry, Sun Art Retail 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.


Sun Art Retail Group's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Art Retail Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sun Art Retail Group's Liabilities-to-Assets falls into.



Sun Art Retail 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.

Sun Art Retail Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=42279.939/65954.793
=0.64

Sun Art Retail Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=44265.344/68265.94
=0.65

* 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.


Sun Art Retail Group  (HKSE:06808) 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.


Sun Art Retail Group Liabilities-to-Assets Related Terms

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Sun Art Retail Group Business Description

Traded in Other Exchanges
Address
No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436
Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.
Executives
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2201 Interest of corporation controlled by you
Taobao Holding Limited 2201 Interest of corporation controlled by you
A-rt Retail Holdings Limited 2101 Beneficial owner
Alibaba Investment Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund Gp, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Gp Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Investments 1 Limited 2101 Beneficial owner

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