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Shengkai Innovations (Shengkai Innovations) Liabilities-to-Assets : 0.02 (As of Mar. 2013)


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What is Shengkai Innovations 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. Shengkai Innovations's Total Liabilities for the quarter that ended in Mar. 2013 was $3.03 Mil. Shengkai Innovations's Total Assets for the quarter that ended in Mar. 2013 was $141.08 Mil. Therefore, Shengkai Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 was 0.02.


Shengkai Innovations Liabilities-to-Assets Historical Data

The historical data trend for Shengkai Innovations'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.

Shengkai Innovations Liabilities-to-Assets Chart

Shengkai Innovations Annual Data
Trend Dec05 Dec06 Dec07 Jun08 Jun09 Jun10 Jun11 Jun12
Liabilities-to-Assets
Get a 7-Day Free Trial 0.07 0.08 1.03 0.11 0.03

Shengkai Innovations Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 0.03 0.03 0.02 0.02 0.02

Competitive Comparison of Shengkai Innovations's Liabilities-to-Assets

For the Industrial Distribution subindustry, Shengkai Innovations'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.


Shengkai Innovations's Liabilities-to-Assets Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shengkai Innovations's Liabilities-to-Assets distribution charts can be found below:

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



Shengkai Innovations 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.

Shengkai Innovations's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2012 is calculated as:

Liabilities-to-Assets (A: Jun. 2012 )=Total Liabilities/Total Assets
=4.006/143.597
=0.03

Shengkai Innovations's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2013 is calculated as

Liabilities-to-Assets (Q: Mar. 2013 )=Total Liabilities/Total Assets
=3.031/141.081
=0.02

* 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.


Shengkai Innovations  (OTCPK:VALV) 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.


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Shengkai Innovations (Shengkai Innovations) Business Description

Traded in Other Exchanges
N/A
Address
No.106, Zhonghuan South Road, Airport Industrial Park, Tianjin, CHN, 300308
Shengkai Innovations Inc is a ceramic valve manufacturer with operations in the People's Republic of China.
Executives
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Martin A. Sumichrast 10 percent owner 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277

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