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Sichuan Gangtong Medical Equipment Group Co (SZSE:301515) Liabilities-to-Assets : 0.36 (As of Mar. 2025)


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What is Sichuan Gangtong Medical Equipment Group 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. Sichuan Gangtong Medical Equipment Group Co's Total Liabilities for the quarter that ended in Mar. 2025 was ¥709.6 Mil. Sichuan Gangtong Medical Equipment Group Co's Total Assets for the quarter that ended in Mar. 2025 was ¥1,957.3 Mil. Therefore, Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 was 0.36.


Sichuan Gangtong Medical Equipment Group Co Liabilities-to-Assets Historical Data

The historical data trend for Sichuan Gangtong Medical Equipment Group 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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Sichuan Gangtong Medical Equipment Group Co Liabilities-to-Assets Chart

Sichuan Gangtong Medical Equipment Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.52 0.52 0.34 0.34

Sichuan Gangtong Medical Equipment Group Co Quarterly Data
Dec15 Dec16 Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.36 0.33 0.32 0.34 0.36

Competitive Comparison of Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets

For the Medical Devices subindustry, Sichuan Gangtong Medical Equipment Group 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.


Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets falls into.


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Sichuan Gangtong Medical Equipment Group 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.

Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=661.987/1946.99
=0.34

Sichuan Gangtong Medical Equipment Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2025 is calculated as

Liabilities-to-Assets (Q: Mar. 2025 )=Total Liabilities/Total Assets
=709.643/1957.273
=0.36

* 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.


Sichuan Gangtong Medical Equipment Group Co  (SZSE:301515) 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.


Sichuan Gangtong Medical Equipment Group Co Liabilities-to-Assets Related Terms

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Sichuan Gangtong Medical Equipment Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 356, South Section of Kailiwei Industrial Avenue, Sichuan, Jianyang, CHN, 641400
Sichuan Gangtong Medical Equipment Group Co Ltd is a modern provider of medical device research & development and manufacturing and medical professional system overall solutions. It is committed to solving the problems of medical gas supply and medical infection, providing various medical institutions with safe, stable, reliable and intelligent life support systems and life support areas.

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