GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sichuan Western Resources Holding Co Ltd (SHSE:600139) » Definitions » Liabilities-to-Assets

Sichuan Western Resources Holding Co (SHSE:600139) Liabilities-to-Assets : 2.27 (As of Sep. 2022)


View and export this data going back to 1998. Start your Free Trial

What is Sichuan Western Resources Holding Co 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. Sichuan Western Resources Holding Co's Total Liabilities for the quarter that ended in Sep. 2022 was ¥1,063.66 Mil. Sichuan Western Resources Holding Co's Total Assets for the quarter that ended in Sep. 2022 was ¥468.06 Mil. Therefore, Sichuan Western Resources Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 2.27.


Sichuan Western Resources Holding Co Liabilities-to-Assets Historical Data

The historical data trend for Sichuan Western Resources Holding Co'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.

Sichuan Western Resources Holding Co Liabilities-to-Assets Chart

Sichuan Western Resources Holding Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.74 0.73 0.77 2.03

Sichuan Western Resources Holding Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.90 2.03 2.12 2.19 2.27

Competitive Comparison of Sichuan Western Resources Holding Co's Liabilities-to-Assets

For the Conglomerates subindustry, Sichuan Western Resources Holding Co'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.


Sichuan Western Resources Holding Co's Liabilities-to-Assets Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sichuan Western Resources Holding Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sichuan Western Resources Holding Co's Liabilities-to-Assets falls into.



Sichuan Western Resources Holding Co 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.

Sichuan Western Resources Holding Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=967.086/475.607
=2.03

Sichuan Western Resources Holding Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=1063.663/468.063
=2.27

* 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.


Sichuan Western Resources Holding Co  (SHSE:600139) 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.


Sichuan Western Resources Holding Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Sichuan Western Resources Holding Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Western Resources Holding Co (SHSE:600139) Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Bisheng Road, Jinjiang Industrial Development Zone, Chengdu, Sichuan, CHN, 610063
Sichuan Western Resources Holding Co Ltd engages in the exploration, mining, and beneficiation of various metals in China. It primarily explores for copper, gold, and silver metals. The company also manufactures and sells new energy vehicles and electric drive systems. In addition, it manufactures CNG and city buses; and develops and manufactures lithium-ion battery materials and related batteries products. Further, the company provides finance leasing services.

Sichuan Western Resources Holding Co (SHSE:600139) Headlines

No Headlines