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China Everbright Environment Group (China Everbright Environment Group) Liabilities-to-Assets : 0.65 (As of Dec. 2023)


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What is China Everbright Environment 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. China Everbright Environment Group's Total Liabilities for the quarter that ended in Dec. 2023 was $15,834 Mil. China Everbright Environment Group's Total Assets for the quarter that ended in Dec. 2023 was $24,224 Mil. Therefore, China Everbright Environment Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.65.


China Everbright Environment Group Liabilities-to-Assets Historical Data

The historical data trend for China Everbright Environment 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.

China Everbright Environment Group Liabilities-to-Assets Chart

China Everbright Environment 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 0.63 0.65 0.68 0.67 0.65

China Everbright Environment Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.67 0.67 0.65 0.65

Competitive Comparison of China Everbright Environment Group's Liabilities-to-Assets

For the Waste Management subindustry, China Everbright Environment 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.


China Everbright Environment Group's Liabilities-to-Assets Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Everbright Environment Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Everbright Environment Group's Liabilities-to-Assets falls into.



China Everbright Environment 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.

China Everbright Environment 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
=15833.901/24223.773
=0.65

China Everbright Environment 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
=15833.901/24223.773
=0.65

* 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.


China Everbright Environment Group  (OTCPK:CHFFF) 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.


China Everbright Environment Group Liabilities-to-Assets Related Terms

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China Everbright Environment Group (China Everbright Environment Group) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Room 2703, 27th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Environment Group Ltd is engaged in construction, environmental energy project operation, Greentech project operation, environmental water project operation, the conduct of environmental protection technology research and development, provision of environmental-related technological services, design of environmental protection projects, provision of environmental protection project equipment construction and installation services and sales of related equipment, provision of waste sorting, renewable resources utilization, sanitation operation services, sales of energy-saving streetlights. Its segments are Environmental energy project construction and operation, Greentech project construction and operation, Environmental water project construction and operation, and Others.

China Everbright Environment Group (China Everbright Environment Group) Headlines

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