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Focus Lightings Tech Co (SZSE:300708) Liabilities-to-Assets : 0.43 (As of Jun. 2024)


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What is Focus Lightings Tech 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. Focus Lightings Tech Co's Total Liabilities for the quarter that ended in Jun. 2024 was ¥1,980 Mil. Focus Lightings Tech Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,607 Mil. Therefore, Focus Lightings Tech Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.43.


Focus Lightings Tech Co Liabilities-to-Assets Historical Data

The historical data trend for Focus Lightings Tech 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.

Focus Lightings Tech Co Liabilities-to-Assets Chart

Focus Lightings Tech 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 0.73 0.71 0.45 0.56 0.39

Focus Lightings Tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.55 0.43 0.39 0.43 0.43

Competitive Comparison of Focus Lightings Tech Co's Liabilities-to-Assets

For the Semiconductors subindustry, Focus Lightings Tech 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.


Focus Lightings Tech Co's Liabilities-to-Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Focus Lightings Tech Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Focus Lightings Tech Co's Liabilities-to-Assets falls into.



Focus Lightings Tech 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.

Focus Lightings Tech 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
=1856.556/4739.744
=0.39

Focus Lightings Tech Co'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
=1979.579/4607.402
=0.43

* 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.


Focus Lightings Tech Co  (SZSE:300708) 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.


Focus Lightings Tech Co Liabilities-to-Assets Related Terms

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Focus Lightings Tech Co Business Description

Traded in Other Exchanges
N/A
Address
8 Xinqing Road, Suzhou Industrial Park, Suzhou, CHN, 215125
Focus Lightings Tech Co Ltd is a China-based company is engaged in the manufacture and production of home and commercial lighting products. Its products include glitter lamp, desk lamp, floor lamp, wall lamp, ceiling lamp, and a pendent lamp. The company's products can be used in backlight and lighting and other fields.
Executives
Xu Ying Gai Director
Wang Hui Supervisors
Pan Hua Rong Directors, executives
Lu Ye Executives
Cheng Fei Long Directors, executives
Xu Wen Wen Securities Affairs Representative
Yin Zuo Zhao Director
Xiang Fang Nan Director
Wang Yan Li Executives
Qin Zhen Director

Focus Lightings Tech Co Headlines

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