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SIM Technology Group (TPE:912000) Liabilities-to-Assets : 0.24 (As of Jun. 2024)


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What is SIM Technology Group 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. SIM Technology Group's Total Liabilities for the quarter that ended in Jun. 2024 was NT$1,864 Mil. SIM Technology Group's Total Assets for the quarter that ended in Jun. 2024 was NT$7,933 Mil. Therefore, SIM Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.24.


SIM Technology Group Liabilities-to-Assets Historical Data

The historical data trend for SIM Technology Group'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.

SIM Technology Group Liabilities-to-Assets Chart

SIM Technology Group 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 0.26 0.23 0.27 0.36 0.25

SIM Technology Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.31 0.36 0.33 0.25 0.24

Competitive Comparison of SIM Technology Group's Liabilities-to-Assets

For the Communication Equipment subindustry, SIM Technology Group'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.


SIM Technology Group's Liabilities-to-Assets Distribution in the Hardware Industry

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

* The bar in red indicates where SIM Technology Group's Liabilities-to-Assets falls into.



SIM Technology Group 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.

SIM Technology Group'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
=2122.223/8601.545
=0.25

SIM Technology Group'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
=1863.54/7933.473
=0.23

* 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.


SIM Technology Group  (TPE:912000) 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.


SIM Technology Group Liabilities-to-Assets Related Terms

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SIM Technology Group Business Description

Traded in Other Exchanges
Address
No. 633 Jinzhong Road, Building A, SIM Technology Building, Changning District, Shanghai, CHN, 200335
SIM Technology Group Ltd is a mobile communication and Internet of Things developer. It operates its business through segments that are Handsets and Internet of things terminals business (Handsets and IOT terminals business), Electronic manufacturing services business, Internet of things system and O2O business, and Property management. Handsets and the internet of Things terminals business segment generate the revenue. The group derives revenue from the PRC, Europe, the U.S, Hong Kong, and other Asian countries.

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