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Acelon Chemicals & Fiber (TPE:1466) Liabilities-to-Assets : 0.58 (As of Mar. 2024)


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What is Acelon Chemicals & Fiber 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. Acelon Chemicals & Fiber's Total Liabilities for the quarter that ended in Mar. 2024 was NT$1,944 Mil. Acelon Chemicals & Fiber's Total Assets for the quarter that ended in Mar. 2024 was NT$3,371 Mil. Therefore, Acelon Chemicals & Fiber's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.58.


Acelon Chemicals & Fiber Liabilities-to-Assets Historical Data

The historical data trend for Acelon Chemicals & Fiber'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.

Acelon Chemicals & Fiber Liabilities-to-Assets Chart

Acelon Chemicals & Fiber 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 0.55 0.54 0.52 0.54 0.58

Acelon Chemicals & Fiber 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 0.57 0.59 0.59 0.58 0.58

Competitive Comparison of Acelon Chemicals & Fiber's Liabilities-to-Assets

For the Textile Manufacturing subindustry, Acelon Chemicals & Fiber'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.


Acelon Chemicals & Fiber's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acelon Chemicals & Fiber's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Acelon Chemicals & Fiber's Liabilities-to-Assets falls into.



Acelon Chemicals & Fiber 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.

Acelon Chemicals & Fiber'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
=1997.007/3440.577
=0.58

Acelon Chemicals & Fiber'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
=1944.381/3370.545
=0.58

* 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.


Acelon Chemicals & Fiber  (TPE:1466) 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.


Acelon Chemicals & Fiber Liabilities-to-Assets Related Terms

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Acelon Chemicals & Fiber (TPE:1466) Business Description

Traded in Other Exchanges
N/A
Address
No.94 Fan Chin Road, Pu yan Hsiang, Chang Hua, TWN
Acelon Chemicals & Fiber Corp operates in the textile manufacturing industry. The product offered by the company includes Nylon yarn, Polyester yarn, Nylon textured yarn, Polyester textured yarn, and Others.

Acelon Chemicals & Fiber (TPE:1466) Headlines

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