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Foxconn Industrial Internet Co (SHSE:601138) Liabilities-to-Assets : 0.51 (As of Dec. 2023)


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What is Foxconn Industrial Internet 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. Foxconn Industrial Internet Co's Total Liabilities for the quarter that ended in Dec. 2023 was ¥147,110 Mil. Foxconn Industrial Internet Co's Total Assets for the quarter that ended in Dec. 2023 was ¥287,705 Mil. Therefore, Foxconn Industrial Internet Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.51.


Foxconn Industrial Internet Co Liabilities-to-Assets Historical Data

The historical data trend for Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co Liabilities-to-Assets Chart

Foxconn Industrial Internet Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.57 0.54 0.55 0.55 0.51

Foxconn Industrial Internet Co 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 0.55 0.49 0.53 0.51 0.51

Competitive Comparison of Foxconn Industrial Internet Co's Liabilities-to-Assets

For the Communication Equipment subindustry, Foxconn Industrial Internet 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.


Foxconn Industrial Internet Co's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Foxconn Industrial Internet Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Foxconn Industrial Internet Co's Liabilities-to-Assets falls into.



Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co'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
=147109.966/287705.301
=0.51

Foxconn Industrial Internet Co'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
=147109.966/287705.301
=0.51

* 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.


Foxconn Industrial Internet Co  (SHSE:601138) 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.


Foxconn Industrial Internet Co Liabilities-to-Assets Related Terms

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Foxconn Industrial Internet Co (SHSE:601138) Business Description

Traded in Other Exchanges
N/A
Address
2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109
Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.

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