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Longyan Kaolin Clay Co (SHSE:605086) Liabilities-to-Assets : 0.06 (As of Mar. 2025)


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What is Longyan Kaolin Clay 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. Longyan Kaolin Clay Co's Total Liabilities for the quarter that ended in Mar. 2025 was ¥77.3 Mil. Longyan Kaolin Clay Co's Total Assets for the quarter that ended in Mar. 2025 was ¥1,337.0 Mil. Therefore, Longyan Kaolin Clay Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.06.


Longyan Kaolin Clay Co Liabilities-to-Assets Historical Data

The historical data trend for Longyan Kaolin Clay 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.

Longyan Kaolin Clay Co Liabilities-to-Assets Chart

Longyan Kaolin Clay Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.11 0.07 0.07 0.08 0.06

Longyan Kaolin Clay Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.07 0.06 0.07 0.06 0.06

Competitive Comparison of Longyan Kaolin Clay Co's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Longyan Kaolin Clay 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.


Longyan Kaolin Clay Co's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Longyan Kaolin Clay Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Longyan Kaolin Clay Co's Liabilities-to-Assets falls into.


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Longyan Kaolin Clay 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.

Longyan Kaolin Clay Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=83.668/1314.18
=0.06

Longyan Kaolin Clay Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=77.302/1337.041
=0.06

* 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.


Longyan Kaolin Clay Co  (SHSE:605086) 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.


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Longyan Kaolin Clay Co Business Description

Traded in Other Exchanges
N/A
Address
No.260 Longyan Avenue, Xibei Street, Floor 10-12, State-owned Building, Xinluo District, Fujian Province, Longyan, CHN, 364000
Longyan Kaolin Clay Co Ltd is engaged in the selection, processing and sales of kaolin. The company's main products are kaolin ore, 325 mesh kaolin concentrate, super Longyan kaolin, and modified kaolin. The products have the characteristics of low iron, titanium and other harmful impurities, high firing whiteness, and good ceramic performance. It is widely used in daily ceramics, arts and crafts ceramics and high-end architectural ceramics.

Longyan Kaolin Clay Co Headlines

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