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Cuong Wood - Working JSC (STC:ACG) Liabilities-to-Assets : 0.25 (As of Mar. 2024)


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What is Cuong Wood - Working JSC 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. Cuong Wood - Working JSC's Total Liabilities for the quarter that ended in Mar. 2024 was ₫1,445,621 Mil. Cuong Wood - Working JSC's Total Assets for the quarter that ended in Mar. 2024 was ₫5,700,310 Mil. Therefore, Cuong Wood - Working JSC's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.25.


Cuong Wood - Working JSC Liabilities-to-Assets Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC Liabilities-to-Assets Chart

Cuong Wood - Working JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.19 0.21 0.24 0.28 0.24

Cuong Wood - Working JSC Quarterly Data
Dec19 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 0.25 0.24 0.19 0.24 0.25

Competitive Comparison of Cuong Wood - Working JSC's Liabilities-to-Assets

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.


Cuong Wood - Working JSC's Liabilities-to-Assets Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's Liabilities-to-Assets falls into.



Cuong Wood - Working JSC 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.

Cuong Wood - Working JSC'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
=1348528.135/5522084.036
=0.24

Cuong Wood - Working JSC'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
=1445620.683/5700310.015
=0.25

* 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.


Cuong Wood - Working JSC  (STC:ACG) 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.


Cuong Wood - Working JSC Liabilities-to-Assets Related Terms

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Cuong Wood - Working JSC (STC:ACG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM
Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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