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Huatian Hotel Group Co (SZSE:000428) Liabilities-to-Assets : 0.75 (As of Mar. 2024)


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What is Huatian Hotel Group 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. Huatian Hotel Group Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥3,549.5 Mil. Huatian Hotel Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,764.1 Mil. Therefore, Huatian Hotel Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.75.


Huatian Hotel Group Co Liabilities-to-Assets Historical Data

The historical data trend for Huatian Hotel Group 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.

Huatian Hotel Group Co Liabilities-to-Assets Chart

Huatian Hotel Group 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 0.63 0.72 0.68 0.74 0.75

Huatian Hotel Group Co 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 0.74 0.75 0.75 0.75 0.75

Competitive Comparison of Huatian Hotel Group Co's Liabilities-to-Assets

For the Lodging subindustry, Huatian Hotel Group 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.


Huatian Hotel Group Co's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Huatian Hotel Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Huatian Hotel Group Co's Liabilities-to-Assets falls into.



Huatian Hotel Group 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.

Huatian Hotel Group 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
=3597.628/4819.829
=0.75

Huatian Hotel Group Co'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
=3549.5/4764.104
=0.75

* 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.


Huatian Hotel Group Co  (SZSE:000428) 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.


Huatian Hotel Group Co Liabilities-to-Assets Related Terms

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Huatian Hotel Group Co (SZSE:000428) Business Description

Traded in Other Exchanges
N/A
Address
Fl. 8 Integration Bldg, No. 380 Jiefang East Rd., Changsha, CHN, 410001
Huatian Hotel Group Co Ltd operates in the accommodation industry.
Executives
Ge Xiao Bing Supervisors
Hou Yue Director
Hou Ya Bin Executives
Chen Ji Ming Director
Li Zheng Bing Director
Wu Bing Ying Supervisors
Wu Li Ping Directors, executives
Guo Min Supervisors
Zhong Qiao Ping Executives
Hu Dai Cheng Executives
Sun Gen Shi Executives
Ceng Xiao Ling Director

Huatian Hotel Group Co (SZSE:000428) Headlines

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