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Kent Industrial Co (TPE:6606) Liabilities-to-Assets : 0.20 (As of Sep. 2024)


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What is Kent Industrial 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. Kent Industrial Co's Total Liabilities for the quarter that ended in Sep. 2024 was NT$459.9 Mil. Kent Industrial Co's Total Assets for the quarter that ended in Sep. 2024 was NT$2,312.9 Mil. Therefore, Kent Industrial Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.20.


Kent Industrial Co Liabilities-to-Assets Historical Data

The historical data trend for Kent Industrial 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.

Kent Industrial Co Liabilities-to-Assets Chart

Kent Industrial Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.52 0.47 0.40 0.31 0.22

Kent Industrial Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.22 0.22 0.27 0.26 0.20

Competitive Comparison of Kent Industrial Co's Liabilities-to-Assets

For the Semiconductors subindustry, Kent Industrial 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.


Kent Industrial Co's Liabilities-to-Assets Distribution in the Semiconductors Industry

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

* The bar in red indicates where Kent Industrial Co's Liabilities-to-Assets falls into.



Kent Industrial 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.

Kent Industrial 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
=473.494/2167.45
=0.22

Kent Industrial Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=459.932/2312.867
=0.20

* 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.


Kent Industrial Co  (TPE:6606) 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.


Kent Industrial Co Liabilities-to-Assets Related Terms

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Kent Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
13/F, No. 27, Lane 61, Sec. 1, Guangfu Rd., New Taipei City, TWN
Kent Industrial Co Ltd is engaged in the design, manufacture, and sale of various precision mechanical work machines, tool steel dies, etc. The products of the company include different surface grinders and machines. The company generates the maximum of its revenue from Mainland China.

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