GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aero-Engine Controls Co Ltd (SZSE:000738) » Definitions » Liabilities-to-Assets

AECC Aero-Engine Controls Co (SZSE:000738) Liabilities-to-Assets : 0.22 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is AECC Aero-Engine Controls 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. AECC Aero-Engine Controls Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥3,511 Mil. AECC Aero-Engine Controls Co's Total Assets for the quarter that ended in Mar. 2024 was ¥15,978 Mil. Therefore, AECC Aero-Engine Controls Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.22.


AECC Aero-Engine Controls Co Liabilities-to-Assets Historical Data

The historical data trend for AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co Liabilities-to-Assets Chart

AECC Aero-Engine Controls Co 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 0.25 0.27 0.25 0.24 0.23

AECC Aero-Engine Controls Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.22 0.23 0.23 0.22

Competitive Comparison of AECC Aero-Engine Controls Co's Liabilities-to-Assets

For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.


AECC Aero-Engine Controls Co's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AECC Aero-Engine Controls Co's Liabilities-to-Assets falls into.



AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls 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
=3573.72/15776.764
=0.23

AECC Aero-Engine Controls 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
=3510.971/15978.059
=0.22

* 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.


AECC Aero-Engine Controls Co  (SZSE:000738) 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.


AECC Aero-Engine Controls Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of AECC Aero-Engine Controls Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

No Headlines