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Inner Mongolia North Hauler JSC (SHSE:600262) Liabilities-to-Assets : 0.56 (As of Mar. 2024)


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What is Inner Mongolia North Hauler JSC 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. Inner Mongolia North Hauler JSC's Total Liabilities for the quarter that ended in Mar. 2024 was ¥2,084 Mil. Inner Mongolia North Hauler JSC's Total Assets for the quarter that ended in Mar. 2024 was ¥3,747 Mil. Therefore, Inner Mongolia North Hauler JSC's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.56.


Inner Mongolia North Hauler JSC Liabilities-to-Assets Historical Data

The historical data trend for Inner Mongolia North Hauler JSC'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.

Inner Mongolia North Hauler JSC Liabilities-to-Assets Chart

Inner Mongolia North Hauler JSC 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 0.52 0.50 0.46 0.47 0.51

Inner Mongolia North Hauler JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.59 0.61 0.58 0.51 0.56

Competitive Comparison of Inner Mongolia North Hauler JSC's Liabilities-to-Assets

For the Farm & Heavy Construction Machinery subindustry, Inner Mongolia North Hauler JSC'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.


Inner Mongolia North Hauler JSC's Liabilities-to-Assets Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Inner Mongolia North Hauler JSC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Inner Mongolia North Hauler JSC's Liabilities-to-Assets falls into.



Inner Mongolia North Hauler JSC 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.

Inner Mongolia North Hauler JSC'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
=1656.25/3258.881
=0.51

Inner Mongolia North Hauler JSC's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2084.244/3746.803
=0.56

* 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.


Inner Mongolia North Hauler JSC  (SHSE:600262) 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.


Inner Mongolia North Hauler JSC Liabilities-to-Assets Related Terms

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Inner Mongolia North Hauler JSC (SHSE:600262) Business Description

Traded in Other Exchanges
N/A
Address
Rare-Earth High Technology Development Zone, North Hauler Joint Stock Co. Building, Baotou, Inner Mongolia, CHN, 014030
Inner Mongolia North Hauler JSC Ltd manufactures and markets off-highway mining vehicles, their parts and components. The product portfolio includes - Electric drive mining dump truck, Articulated mining dump truck, Coal mine underground explosion-proof engineering dump truck, and Hydraulic excavator rotary drilling rig side dump truck.

Inner Mongolia North Hauler JSC (SHSE:600262) Headlines

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