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Sinostar Pec Holdings (SGX:C9Q) Liabilities-to-Assets : 0.33 (As of Dec. 2023)


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What is Sinostar Pec 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. Sinostar Pec Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was S$154 Mil. Sinostar Pec Holdings's Total Assets for the quarter that ended in Dec. 2023 was S$471 Mil. Therefore, Sinostar Pec Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.33.


Sinostar Pec Holdings Liabilities-to-Assets Historical Data

The historical data trend for Sinostar Pec 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.

Sinostar Pec Holdings Liabilities-to-Assets Chart

Sinostar Pec Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.54 0.49 0.40 0.33

Sinostar Pec Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.36 0.37 0.33

Competitive Comparison of Sinostar Pec Holdings's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Sinostar Pec 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.


Sinostar Pec Holdings's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinostar Pec Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sinostar Pec Holdings's Liabilities-to-Assets falls into.



Sinostar Pec 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.

Sinostar Pec 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
=153.885/471.13
=0.33

Sinostar Pec 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
=153.885/471.13
=0.33

* 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.


Sinostar Pec Holdings  (SGX:C9Q) 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.


Sinostar Pec Holdings Liabilities-to-Assets Related Terms

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Sinostar Pec Holdings (SGX:C9Q) Business Description

Traded in Other Exchanges
N/A
Address
27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500
Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene and Logistics and Transport. The company operates in two segments that are Gas Seperation, and Trasport and Logistic Service. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.

Sinostar Pec Holdings (SGX:C9Q) Headlines

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