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USpace Technology Group (USpace Technology Group) Liabilities-to-Assets : 0.82 (As of Dec. 2023)


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What is USpace 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. USpace Technology Group's Total Liabilities for the quarter that ended in Dec. 2023 was $133.26 Mil. USpace Technology Group's Total Assets for the quarter that ended in Dec. 2023 was $161.74 Mil. Therefore, USpace Technology Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.82.


USpace Technology Group Liabilities-to-Assets Historical Data

The historical data trend for USpace 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.

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USpace Technology Group Liabilities-to-Assets Chart

USpace Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.47 0.57 0.58 0.80 0.82

USpace Technology Group Semi-Annual Data
Dec15 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 0.58 0.71 0.80 0.86 0.82

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

For the Aerospace & Defense subindustry, USpace 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.


USpace Technology Group's Liabilities-to-Assets Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, USpace Technology Group's Liabilities-to-Assets distribution charts can be found below:

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



USpace 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.

USpace 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
=133.26/161.744
=0.82

USpace Technology Group'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
=133.26/161.744
=0.82

* 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.


USpace Technology Group  (OTCPK:USPCY) 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.


USpace Technology Group Liabilities-to-Assets Related Terms

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USpace Technology Group (USpace Technology Group) Business Description

Traded in Other Exchanges
Address
No. 5 Chun Cheong Street, 15th Floor, Data Technology Center, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
USpace Technology Group Ltd formerly Hong Kong Aerospace Technology Group Ltd is a commercial aerospace company. Its core business is satellite precision manufacturing, control, and aerospace data services to support regional aerospace commercialization needs. The Group has three reportable operating segments they are EMS business - Smart home devices EMS business-Banking and finance and other devices along with Aerospace business.