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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Liabilities-to-Assets : 0.26 (As of Mar. 2024)


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What is Guangdong Hallsmart Intelligence Technology 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. Guangdong Hallsmart Intelligence Technology's Total Liabilities for the quarter that ended in Mar. 2024 was ¥88.4 Mil. Guangdong Hallsmart Intelligence Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥343.0 Mil. Therefore, Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.26.


Guangdong Hallsmart Intelligence Technology Liabilities-to-Assets Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology'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.

Guangdong Hallsmart Intelligence Technology Liabilities-to-Assets Chart

Guangdong Hallsmart Intelligence Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.51 0.48 0.52 0.56 0.44

Guangdong Hallsmart Intelligence Technology Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.25 0.28 0.26

Competitive Comparison of Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Hallsmart Intelligence Technology'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.


Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets falls into.



Guangdong Hallsmart Intelligence Technology 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.

Guangdong Hallsmart Intelligence Technology'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
=94.123/213.989
=0.44

Guangdong Hallsmart Intelligence Technology's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=88.39/343.003
=0.26

* 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.


Guangdong Hallsmart Intelligence Technology  (BJSE:870726) 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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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Traded in Other Exchanges
N/A
Address
West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051
Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

Guangdong Hallsmart Intelligence Technology (BJSE:870726) Headlines

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