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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Liabilities-to-Assets : 0.62 (As of Sep. 2023)


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What is Inner Mongolia Yili Industrial Group Co 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. Inner Mongolia Yili Industrial Group Co's Total Liabilities for the quarter that ended in Sep. 2023 was ¥93,064 Mil. Inner Mongolia Yili Industrial Group Co's Total Assets for the quarter that ended in Sep. 2023 was ¥149,156 Mil. Therefore, Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.62.


Inner Mongolia Yili Industrial Group Co Liabilities-to-Assets Historical Data

The historical data trend for Inner Mongolia Yili Industrial Group Co'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.

Inner Mongolia Yili Industrial Group Co Liabilities-to-Assets Chart

Inner Mongolia Yili Industrial Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.57 0.57 0.52 0.59

Inner Mongolia Yili Industrial Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.59 0.61 0.62 0.62

Competitive Comparison of Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets

For the Packaged Foods subindustry, Inner Mongolia Yili Industrial Group Co'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.


Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets falls into.



Inner Mongolia Yili Industrial Group Co 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.

Inner Mongolia Yili Industrial Group Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=76822.199/130965.302
=0.59

Inner Mongolia Yili Industrial Group Co'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
=93063.509/149156.478
=0.62

* 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.


Inner Mongolia Yili Industrial Group Co  (SHSE:600887) 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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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jinshan Street, Jinshan Development Zone, Huhehaote, Inner Mongolia, CHN, 010110
Inner Mongolia Yili Industrial Group is the largest dairy products producer in China, with the majority of revenue (70%) coming from the liquid milk segment. The company also manufactures ice cream, milk powder and beverages. Some flagship lineups include Satine, Yili Pure Milk, Ambrosial and Changqing. The company also expands its overseas presence through setting up R&D centers and acquiring foreign dairy brands such as Westland in New Zealand and Chomthana in Thailand.

Inner Mongolia Yili Industrial Group Co (SHSE:600887) Headlines

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