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Peric Special Gases Co (SHSE:688146) Liabilities-to-Assets : 0.09 (As of Mar. 2024)


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What is Peric Special Gases 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. Peric Special Gases Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥537 Mil. Peric Special Gases Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,941 Mil. Therefore, Peric Special Gases Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.09.


Peric Special Gases Co Liabilities-to-Assets Historical Data

The historical data trend for Peric Special Gases 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.

Peric Special Gases Co Liabilities-to-Assets Chart

Peric Special Gases Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.55 0.38 0.21 0.19 0.09

Peric Special Gases Co Quarterly Data
Dec19 Dec20 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 0.18 0.11 0.09 0.09 0.09

Competitive Comparison of Peric Special Gases Co's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Peric Special Gases 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.


Peric Special Gases Co's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Peric Special Gases Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Peric Special Gases Co's Liabilities-to-Assets falls into.



Peric Special Gases 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.

Peric Special Gases 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
=526.404/5838.923
=0.09

Peric Special Gases Co'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
=536.858/5941.499
=0.09

* 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.


Peric Special Gases Co  (SHSE:688146) 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.


Peric Special Gases Co Liabilities-to-Assets Related Terms

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Peric Special Gases Co (SHSE:688146) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Weiwu Road, Chemical Industry Cluster Area, Feixiang District, Hebei Province, Handan, CHN, 057550
Peric Special Gases Co Ltd is engaged in the research and development, production and sales of electronic specialty gases and trifluoromethanesulfonic acid series products.

Peric Special Gases Co (SHSE:688146) Headlines

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