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Lizhan Environmental (Lizhan Environmental) Liabilities-to-Assets : 0.61 (As of Mar. 2012)


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What is Lizhan Environmental 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. Lizhan Environmental's Total Liabilities for the quarter that ended in Mar. 2012 was $41.17 Mil. Lizhan Environmental's Total Assets for the quarter that ended in Mar. 2012 was $67.36 Mil. Therefore, Lizhan Environmental's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2012 was 0.61.


Lizhan Environmental Liabilities-to-Assets Historical Data

The historical data trend for Lizhan Environmental'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.

Lizhan Environmental Liabilities-to-Assets Chart

Lizhan Environmental Annual Data
Trend Sep08 Sep09 Sep10 Sep11
Liabilities-to-Assets
0.67 0.61 0.59 0.56

Lizhan Environmental Quarterly Data
Sep08 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar12
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.53 0.57 0.56 0.61

Competitive Comparison of Lizhan Environmental's Liabilities-to-Assets

For the Textile Manufacturing subindustry, Lizhan Environmental'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.


Lizhan Environmental's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lizhan Environmental's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lizhan Environmental's Liabilities-to-Assets falls into.



Lizhan Environmental 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.

Lizhan Environmental's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2011 is calculated as:

Liabilities-to-Assets (A: Sep. 2011 )=Total Liabilities/Total Assets
=36.046/64.554
=0.56

Lizhan Environmental's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2012 is calculated as

Liabilities-to-Assets (Q: Mar. 2012 )=Total Liabilities/Total Assets
=41.172/67.361
=0.61

* 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.


Lizhan Environmental  (OTCPK:LZENF) 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.


Lizhan Environmental Liabilities-to-Assets Related Terms

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Lizhan Environmental (Lizhan Environmental) Business Description

Traded in Other Exchanges
N/A
Address
No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500
Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

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