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Scientific Energy (Scientific Energy) Liabilities-to-Assets : 0.19 (As of Mar. 2024)


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What is Scientific Energy 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. Scientific Energy's Total Liabilities for the quarter that ended in Mar. 2024 was $15.72 Mil. Scientific Energy's Total Assets for the quarter that ended in Mar. 2024 was $84.72 Mil. Therefore, Scientific Energy's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.19.


Scientific Energy Liabilities-to-Assets Historical Data

The historical data trend for Scientific Energy'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.

Scientific Energy Liabilities-to-Assets Chart

Scientific Energy 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 16.85 30.75 0.16 0.18 0.16

Scientific Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.15 0.15 0.14 0.16 0.19

Competitive Comparison of Scientific Energy's Liabilities-to-Assets

For the Internet Content & Information subindustry, Scientific Energy'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.


Scientific Energy's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scientific Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Scientific Energy's Liabilities-to-Assets falls into.



Scientific Energy 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.

Scientific Energy'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
=13.343/81.949
=0.16

Scientific Energy'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
=15.718/84.722
=0.19

* 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.


Scientific Energy  (OTCPK:SCGY) 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.


Scientific Energy Liabilities-to-Assets Related Terms

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Scientific Energy (Scientific Energy) Business Description

Traded in Other Exchanges
N/A
Address
105 Xian Xinghai Great Road, Room K, 9F, Golden Dragon Centre, Macau, CHN
Scientific Energy Inc involves in the e-commerce industry. It is a firm principally engaged in developing a website (Makeliving) for providing an e-commerce platform provisioning exchange of goods and services along with its subsidiary. Makeliving is intended to act both as a platform and as a conduit between individuals or companies who desire to acquire goods and services to individuals or companies who desire to offer goods and services.
Executives
Haitao Jiang 10 percent owner RUA DE MADRID, NO.21, WAN YU VILLAS, 9J, MACAU N5 999078
Aspect Group Ltd 10 percent owner HY DIAMOND EXCHANGE BLDG, SUITE A, 7TH FLOOR, HONG KONG XX CHINA
Liang Huang 10 percent owner NO. 43 KUIHUALI, APT. 502, ZHUHUI DISTRICT, HENGYANG, HUNAN PROVINCE F4 421002
Chan Stanley P.c. 10 percent owner C/O 475 EAST 70TH STREET, #7C, NEW YORK NY 10021
Dale C Gledhill director 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Todd B Crosland director, 10 percent owner, officer: President 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Mark Clawson director 630 N. 400 WEST, SALT LAKE CITY UT 84103
Jana K Meyer director, officer: Secretary 630 N. 400 WEST, SALT LAKE CITY UT 84103

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