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Bescient Technologies Co (SHSE:688671) Liabilities-to-Assets : 0.17 (As of Mar. 2024)


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What is Bescient Technologies 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. Bescient Technologies Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥240.2 Mil. Bescient Technologies Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,386.2 Mil. Therefore, Bescient Technologies Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.17.


Bescient Technologies Co Liabilities-to-Assets Historical Data

The historical data trend for Bescient Technologies 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.

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Bescient Technologies Co Liabilities-to-Assets Chart

Bescient Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.59 0.56 0.42 0.34 0.21

Bescient Technologies Co Quarterly Data
Dec19 Dec20 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 0.30 0.30 0.16 0.21 0.17

Competitive Comparison of Bescient Technologies Co's Liabilities-to-Assets

For the Pollution & Treatment Controls subindustry, Bescient Technologies 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.


Bescient Technologies Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bescient Technologies Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Bescient Technologies Co's Liabilities-to-Assets falls into.



Bescient Technologies 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.

Bescient Technologies 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
=310.219/1458.27
=0.21

Bescient Technologies 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
=240.237/1386.222
=0.17

* 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.


Bescient Technologies Co  (SHSE:688671) 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.


Bescient Technologies Co Liabilities-to-Assets Related Terms

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Bescient Technologies Co (SHSE:688671) Business Description

Traded in Other Exchanges
N/A
Address
Liuxian 3rd Road, Xin'an Street, Room 301, Building 2, Runheng Industrial Zone, No. 1, Xingdong, Bao'an, Guangdong, Shenzhen, CHN, 518101
Bescient Technologies Co Ltd is a national high-tech backbone enterprise engaged in the development of environmental automatic monitoring. It has always focused on the independent research and development of scientific instruments and big data and is committed to building multi-industry intelligent applications and services that perceive and interconnect all things, and provide strong technical support for the construction of the national ecological environment, water conservancy and public safety. Its main business involves research and development, production and technical services in the fields of intelligent environmental monitoring equipment, environmental monitoring Internet of Things and ecological environment big data, smart water affairs, digital agriculture, and public security.
Executives
He Yuan Ping Director

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