Hunan Xiangjia Animal Husbandry Co (SZSE:002982) Liabilities-to-Assets : 0.56 (As of Mar. 2024)

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What is Hunan Xiangjia Animal Husbandry 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. Hunan Xiangjia Animal Husbandry Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥2,170 Mil. Hunan Xiangjia Animal Husbandry Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,886 Mil. Therefore, Hunan Xiangjia Animal Husbandry Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.56.

Hunan Xiangjia Animal Husbandry Co Liabilities-to-Assets Historical Data

The historical data trend for Hunan Xiangjia Animal Husbandry 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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Hunan Xiangjia Animal Husbandry Co Liabilities-to-Assets Chart

Hunan Xiangjia Animal Husbandry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

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0.38

0.32

0.42

0.50

0.55

Hunan Xiangjia Animal Husbandry 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															0.48	0.53	0.53	0.55	0.56

Competitive Comparison of Hunan Xiangjia Animal Husbandry Co's Liabilities-to-Assets

For the Farm Products subindustry, Hunan Xiangjia Animal Husbandry 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.

Hunan Xiangjia Animal Husbandry Co's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hunan Xiangjia Animal Husbandry Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Hunan Xiangjia Animal Husbandry Co's Liabilities-to-Assets falls into.

Hunan Xiangjia Animal Husbandry 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.

Hunan Xiangjia Animal Husbandry 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
	=	2121.239	/	3855.318
	=	0.55

Hunan Xiangjia Animal Husbandry 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
	=	2170.135	/	3885.667
	=	0.56

Hunan Xiangjia Animal Husbandry Co (SZSE:002982) 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.

Hunan Xiangjia Animal Husbandry Co Liabilities-to-Assets Related Terms

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Hunan Xiangjia Animal Husbandry Co (SZSE:002982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hunan Xiangjia Animal Husbandry Co Ltd (SZSE:002982) » Definitions » Liabilities-to-Assets

Traded in Other Exchanges

N/A

Address

No. 9, Jiashan Road, Tiangongshan Neighborhood Committee, Shimen Economic Development Zone, Hunan Province, Changde, CHN, 415300

Website

http://www.xiangjiamuye.com

Hunan Xiangjia Animal Husbandry Co Ltd is a poultry breeding and processing and organic fertilizer processing from farm to table and farm to farm in Hunan. The company engages in breeding poultry; poultry hatching, breeding, slaughtering, processing and sales, compound feed processing and sales, and biological fertilizer processing and sales.

Executives

Tang Shan Chu	Directors, executives
He Ye Chun	Directors, Directors, and Executives
Rao Tian Yu	Supervisors

Hunan Xiangjia Animal Husbandry Co (SZSE:002982) Headlines

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