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Wah Fu Education Group (Wah Fu Education Group) Liabilities-to-Assets : 0.25 (As of Sep. 2023)


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What is Wah Fu Education 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. Wah Fu Education Group's Total Liabilities for the quarter that ended in Sep. 2023 was $4.06 Mil. Wah Fu Education Group's Total Assets for the quarter that ended in Sep. 2023 was $16.48 Mil. Therefore, Wah Fu Education Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.25.


Wah Fu Education Group Liabilities-to-Assets Historical Data

The historical data trend for Wah Fu Education 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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Wah Fu Education Group Liabilities-to-Assets Chart

Wah Fu Education Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.21 0.26 0.36 0.33 0.26

Wah Fu Education Group Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.38 0.33 0.33 0.26 0.25

Competitive Comparison of Wah Fu Education Group's Liabilities-to-Assets

For the Education & Training Services subindustry, Wah Fu Education 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.


Wah Fu Education Group's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Wah Fu Education Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Wah Fu Education Group's Liabilities-to-Assets falls into.



Wah Fu Education 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.

Wah Fu Education Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=4.508/17.538
=0.26

Wah Fu Education Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=4.059/16.481
=0.25

* 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.


Wah Fu Education Group  (NAS:WAFU) 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.


Wah Fu Education Group Liabilities-to-Assets Related Terms

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Wah Fu Education Group (Wah Fu Education Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Deshengmenwai Street, L207b, Hesheng Fortune Plaza, Xicheng District, Beijing, CHN, 100088
Wah Fu Education Group Ltd is involved in providing online exam preparation services and related technology solutions and also produces online training course materials in China. It develops online educational materials that are offered through the cloud and that can be used for a wide range of purposes, such as standard examination preparation, professional training, and interactive programs for educational purposes other than exam preparation. Its segments are Online Education Services, and Technological Development and Operation Service. The company generates maximum revenue from the Online Education Services segment.