GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (OTCPK:TCLHF) » Definitions » Liabilities-to-Assets

TCL Electronics Holdings (TCL Electronics Holdings) Liabilities-to-Assets : 0.73 (As of Dec. 2023)


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

What is TCL Electronics Holdings 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. TCL Electronics Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was $6,078 Mil. TCL Electronics Holdings's Total Assets for the quarter that ended in Dec. 2023 was $8,294 Mil. Therefore, TCL Electronics Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.73.


TCL Electronics Holdings Liabilities-to-Assets Historical Data

The historical data trend for TCL Electronics Holdings'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.

TCL Electronics Holdings Liabilities-to-Assets Chart

TCL Electronics Holdings 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 0.64 0.68 0.69 0.69 0.73

TCL Electronics Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.69 0.70 0.69 0.72 0.73

Competitive Comparison of TCL Electronics Holdings's Liabilities-to-Assets

For the Consumer Electronics subindustry, TCL Electronics Holdings'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.


TCL Electronics Holdings's Liabilities-to-Assets Distribution in the Hardware Industry

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

* The bar in red indicates where TCL Electronics Holdings's Liabilities-to-Assets falls into.



TCL Electronics Holdings 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.

TCL Electronics Holdings'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
=6078.307/8294.252
=0.73

TCL Electronics Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=6078.307/8294.252
=0.73

* 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.


TCL Electronics Holdings  (OTCPK:TCLHF) 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.


TCL Electronics Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of TCL Electronics Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


TCL Electronics Holdings (TCL Electronics Holdings) Business Description

Traded in Other Exchanges
Address
22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.