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AVIC Jonhon Optronic Technology Co (SZSE:002179) Liabilities-to-Assets : 0.38 (As of Dec. 2023)


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What is AVIC Jonhon Optronic Technology 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. AVIC Jonhon Optronic Technology Co's Total Liabilities for the quarter that ended in Dec. 2023 was ¥13,555 Mil. AVIC Jonhon Optronic Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥35,570 Mil. Therefore, AVIC Jonhon Optronic Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.38.


AVIC Jonhon Optronic Technology Co Liabilities-to-Assets Historical Data

The historical data trend for AVIC Jonhon Optronic Technology 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.

AVIC Jonhon Optronic Technology Co Liabilities-to-Assets Chart

AVIC Jonhon Optronic Technology Co 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 0.42 0.45 0.41 0.42 0.38

AVIC Jonhon Optronic Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.42 0.39 0.39 0.38 0.38

Competitive Comparison of AVIC Jonhon Optronic Technology Co's Liabilities-to-Assets

For the Electronic Components subindustry, AVIC Jonhon Optronic Technology 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.


AVIC Jonhon Optronic Technology Co's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AVIC Jonhon Optronic Technology Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AVIC Jonhon Optronic Technology Co's Liabilities-to-Assets falls into.



AVIC Jonhon Optronic Technology 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.

AVIC Jonhon Optronic Technology Co'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
=13555.459/35569.904
=0.38

AVIC Jonhon Optronic Technology Co'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
=13555.459/35569.904
=0.38

* 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.


AVIC Jonhon Optronic Technology Co  (SZSE:002179) 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.


AVIC Jonhon Optronic Technology Co Liabilities-to-Assets Related Terms

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AVIC Jonhon Optronic Technology Co (SZSE:002179) Business Description

Traded in Other Exchanges
N/A
Address
No.10 Zhoushan Road, Luoyang, CHN, 471003
AVIC Jonhon Optronic Technology Co Ltd is specialized in research and development of optical, electrical, fluid technology and equipment. The company products are used in aviation, aerospace and military field, communication and data center field, railway transportation field, new energy vehicle field, power equipment, petroleum equipment, medical equipment, and other civil high-end manufacturing fields. It also exports to European countries, the United States, Israel, Australia, Korea, India and so on.

AVIC Jonhon Optronic Technology Co (SZSE:002179) Headlines

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