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Tongxin International (Tongxin International) Liabilities-to-Assets : 0.44 (As of Dec. 2010)


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What is Tongxin International 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. Tongxin International's Total Liabilities for the quarter that ended in Dec. 2010 was $72.92 Mil. Tongxin International's Total Assets for the quarter that ended in Dec. 2010 was $165.08 Mil. Therefore, Tongxin International's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2010 was 0.44.


Tongxin International Liabilities-to-Assets Historical Data

The historical data trend for Tongxin International'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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Tongxin International Liabilities-to-Assets Chart

Tongxin International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Liabilities-to-Assets
Get a 7-Day Free Trial 0.83 0.50 0.49 0.44 0.78

Tongxin International Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec14
Liabilities-to-Assets Get a 7-Day Free Trial 0.83 0.50 0.49 0.44 0.78

Competitive Comparison of Tongxin International's Liabilities-to-Assets

For the Auto Parts subindustry, Tongxin International'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.


Tongxin International's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tongxin International's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Tongxin International's Liabilities-to-Assets falls into.



Tongxin International 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.

Tongxin International's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2010 is calculated as:

Liabilities-to-Assets (A: Dec. 2010 )=Total Liabilities/Total Assets
=72.918/165.081
=0.44

Tongxin International's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2010 is calculated as

Liabilities-to-Assets (Q: Dec. 2010 )=Total Liabilities/Total Assets
=72.918/165.081
=0.44

* 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.


Tongxin International  (OTCPK:TXIC) 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.


Tongxin International Liabilities-to-Assets Related Terms

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Tongxin International (Tongxin International) Business Description

Traded in Other Exchanges
N/A
Address
Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135
Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

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