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Kelin Environmental Protection Equipment (SZSE:002499) Liabilities-to-Assets : 1.03 (As of Sep. 2022)


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What is Kelin Environmental Protection Equipment 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. Kelin Environmental Protection Equipment's Total Liabilities for the quarter that ended in Sep. 2022 was ¥640.0 Mil. Kelin Environmental Protection Equipment's Total Assets for the quarter that ended in Sep. 2022 was ¥623.8 Mil. Therefore, Kelin Environmental Protection Equipment's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 was 1.03.


Kelin Environmental Protection Equipment Liabilities-to-Assets Historical Data

The historical data trend for Kelin Environmental Protection Equipment'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.

Kelin Environmental Protection Equipment Liabilities-to-Assets Chart

Kelin Environmental Protection Equipment Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.86 0.94 0.92 0.95

Kelin Environmental Protection Equipment Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.97 0.95 0.98 1.00 1.03

Competitive Comparison of Kelin Environmental Protection Equipment's Liabilities-to-Assets

For the Pollution & Treatment Controls subindustry, Kelin Environmental Protection Equipment'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.


Kelin Environmental Protection Equipment's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kelin Environmental Protection Equipment's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Kelin Environmental Protection Equipment's Liabilities-to-Assets falls into.



Kelin Environmental Protection Equipment 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.

Kelin Environmental Protection Equipment's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=659.894/696.534
=0.95

Kelin Environmental Protection Equipment's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2022 is calculated as

Liabilities-to-Assets (Q: Sep. 2022 )=Total Liabilities/Total Assets
=639.975/623.826
=1.03

* 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.


Kelin Environmental Protection Equipment  (SZSE:002499) 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.


Kelin Environmental Protection Equipment Liabilities-to-Assets Related Terms

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Kelin Environmental Protection Equipment (SZSE:002499) Business Description

Traded in Other Exchanges
N/A
Address
Address: No. 8 Jiaotong Road, Bache District, Songling town, Wujiang city, Jiangsu Province, CHN, 215222
Kelin Environmental Protection Equipment Inc manufactures and sells environmental protection equipment in China. It is a supplier of flue gas purification and treatment solution integrating environmental engineering system design, bag filter, desulfurization and denitrification product design, manufacture, and sales service in the field of air pollution control. The company's products include Bag Filter; Bag and Electrical filter; Cyclone and Furnace shell.

Kelin Environmental Protection Equipment (SZSE:002499) Headlines

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