Weilong Delicious Global Holdings (HKSE:09985) Liabilities-to-Assets : 0.19 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Weilong Delicious Global Holdings 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. Weilong Delicious Global Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$1,474 Mil. Weilong Delicious Global Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$7,715 Mil. Therefore, Weilong Delicious Global Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.19.

Weilong Delicious Global Holdings Liabilities-to-Assets Historical Data

The historical data trend for Weilong Delicious Global Holdings'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.

Weilong Delicious Global Holdings Liabilities-to-Assets Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.51

0.45

0.29

0.20

0.19

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			0.29	0.30	0.20	0.24	0.19

Competitive Comparison of Weilong Delicious Global Holdings's Liabilities-to-Assets

For the Packaged Foods subindustry, Weilong Delicious Global Holdings'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.

Weilong Delicious Global Holdings's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Weilong Delicious Global Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Weilong Delicious Global Holdings's Liabilities-to-Assets falls into.

Weilong Delicious Global Holdings 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.

Weilong Delicious Global Holdings'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
	=	1474.06	/	7715.02
	=	0.19

Weilong Delicious Global Holdings'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
	=	1474.06	/	7715.02
	=	0.19

Weilong Delicious Global Holdings (HKSE:09985) 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.

Weilong Delicious Global Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Weilong Delicious Global Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Liabilities-to-Assets

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

Executives

Adroit Fairy Limited
Amused Town Limited
Hh Global Capital Ltd
Tct (bvi) Limited
The Core Trust Company Limited
Hh Green Philosophy Ltd	2305 Beneficiary of a trust
Hh Innovation Group Ltd	2305 Beneficiary of a trust
Liu Fuping	2305 Beneficiary of a trust
Liu Weiping	2305 Beneficiary of a trust

Weilong Delicious Global Holdings (HKSE:09985) Headlines

No Headlines