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Yihua Healthcare Co (SZSE:000150) Liabilities-to-Assets : 1.21 (As of Mar. 2023)


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What is Yihua Healthcare 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. Yihua Healthcare Co's Total Liabilities for the quarter that ended in Mar. 2023 was ¥4,848.0 Mil. Yihua Healthcare Co's Total Assets for the quarter that ended in Mar. 2023 was ¥4,012.5 Mil. Therefore, Yihua Healthcare Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 1.21.


Yihua Healthcare Co Liabilities-to-Assets Historical Data

The historical data trend for Yihua Healthcare 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.

Yihua Healthcare Co Liabilities-to-Assets Chart

Yihua Healthcare Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.85 0.94 1.07 1.19

Yihua Healthcare Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.10 1.13 1.15 1.19 1.21

Competitive Comparison of Yihua Healthcare Co's Liabilities-to-Assets

For the Medical Care Facilities subindustry, Yihua Healthcare 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.


Yihua Healthcare Co's Liabilities-to-Assets Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yihua Healthcare Co's Liabilities-to-Assets distribution charts can be found below:

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



Yihua Healthcare 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.

Yihua Healthcare Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=4858.486/4094.256
=1.19

Yihua Healthcare Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=4847.98/4012.465
=1.21

* 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.


Yihua Healthcare Co  (SZSE:000150) 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.


Yihua Healthcare Co Liabilities-to-Assets Related Terms

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Yihua Healthcare Co (SZSE:000150) Business Description

Traded in Other Exchanges
N/A
Address
North side of Wenguan Road, Chenghai District, Guangdong Province, Shantou, CHN, 515800
Yihua Healthcare Co Ltd is a China-based company engaged in offering medical and healthcare services. Its provision of services includes integrated medical and logistic service, medical professional engineering, hospital management services and investment medical institutions.

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