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Toyou Feiji Electronics Co (SZSE:300302) Liabilities-to-Assets : 0.29 (As of Mar. 2024)


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What is Toyou Feiji Electronics 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. Toyou Feiji Electronics Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥553.9 Mil. Toyou Feiji Electronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,886.4 Mil. Therefore, Toyou Feiji Electronics Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.29.


Toyou Feiji Electronics Co Liabilities-to-Assets Historical Data

The historical data trend for Toyou Feiji Electronics 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.

Toyou Feiji Electronics Co Liabilities-to-Assets Chart

Toyou Feiji Electronics 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 0.17 0.17 0.20 0.28

Toyou Feiji Electronics 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 0.20 0.22 0.23 0.28 0.29

Competitive Comparison of Toyou Feiji Electronics Co's Liabilities-to-Assets

For the Computer Hardware subindustry, Toyou Feiji Electronics 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.


Toyou Feiji Electronics Co's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Toyou Feiji Electronics Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Toyou Feiji Electronics Co's Liabilities-to-Assets falls into.



Toyou Feiji Electronics 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.

Toyou Feiji Electronics 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
=525.712/1855.264
=0.28

Toyou Feiji Electronics 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
=553.852/1886.43
=0.29

* 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.


Toyou Feiji Electronics Co  (SZSE:300302) 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.


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Toyou Feiji Electronics Co (SZSE:300302) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Dijin Road, 1st to 4th Floor, Building 2, Haidian District, Beijing, CHN, 100095
Toyou Feiji Electronics Co Ltd Ltd is a provider of data storage infrastructure. It is engaged in providing storage products, solutions, and professional services. Its products include disk storage systems, backup systems, storage management software, and data security systems. It provide solutions to government agencies, energy manufacturers, educational media, research institutes.
Executives
Chou Yue Executives
Tong Yi Hong Director
Yang Jian Li Directors, executives
Luo Hua Directors, executives
Shen Jing Directors, executives
Yang Yong Song Director
Zhou Ze Xiang Directors, executives
Chen Wei Director
Xiao Jian Guo Executives
Chen Ru Hong Supervisors

Toyou Feiji Electronics Co (SZSE:300302) Headlines

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