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Chiho Environmental Group (STU:T4N) Liabilities-to-Assets : 0.46 (As of Jun. 2024)


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What is Chiho Environmental Group 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. Chiho Environmental Group's Total Liabilities for the quarter that ended in Jun. 2024 was €491 Mil. Chiho Environmental Group's Total Assets for the quarter that ended in Jun. 2024 was €1,061 Mil. Therefore, Chiho Environmental Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.46.


Chiho Environmental Group Liabilities-to-Assets Historical Data

The historical data trend for Chiho Environmental Group'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.

Chiho Environmental Group Liabilities-to-Assets Chart

Chiho Environmental Group 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 0.55 0.51 0.44 0.44

Chiho Environmental Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.52 0.44 0.44 0.44 0.46

Competitive Comparison of Chiho Environmental Group's Liabilities-to-Assets

For the Metal Fabrication subindustry, Chiho Environmental Group'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.


Chiho Environmental Group's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chiho Environmental Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Chiho Environmental Group's Liabilities-to-Assets falls into.


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Chiho Environmental Group 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.

Chiho Environmental Group'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
=451.572/1023.92
=0.44

Chiho Environmental Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=490.836/1060.892
=0.46

* 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.


Chiho Environmental Group  (STU:T4N) 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.


Chiho Environmental Group Liabilities-to-Assets Related Terms

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Chiho Environmental Group Business Description

Traded in Other Exchanges
Address
199 Des Voeux Road Central, Suite 1001, 10th Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Chiho Environmental Group Ltd is engaged in the principal business of resources recycling, involving recycling of mixed metal, end-of-life vehicle (ELV), waste electrical and electronic equipment (WEEE), wasted oil and Zorba in Asia, Europe and North America. The company, Geographically operates in Asia, Europe and North America, out of which majority of revenue is derived Europe.

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