GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Join-Cheer Software Co Ltd (SZSE:002279) » Definitions » Liabilities-to-Assets

Beijing Join-Cheer Software Co (SZSE:002279) Liabilities-to-Assets : 0.38 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Beijing Join-Cheer Software 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. Beijing Join-Cheer Software Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥933 Mil. Beijing Join-Cheer Software Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,456 Mil. Therefore, Beijing Join-Cheer Software Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.38.


Beijing Join-Cheer Software Co Liabilities-to-Assets Historical Data

The historical data trend for Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software Co Liabilities-to-Assets Chart

Beijing Join-Cheer Software 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 0.67 0.59 0.63 0.34 0.43

Beijing Join-Cheer Software 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 0.31 0.30 0.32 0.43 0.38

Competitive Comparison of Beijing Join-Cheer Software Co's Liabilities-to-Assets

For the Software - Application subindustry, Beijing Join-Cheer Software 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.


Beijing Join-Cheer Software Co's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Join-Cheer Software Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Beijing Join-Cheer Software Co's Liabilities-to-Assets falls into.



Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software 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
=1265.142/2959.302
=0.43

Beijing Join-Cheer Software 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
=932.821/2456.202
=0.38

* 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.


Beijing Join-Cheer Software Co  (SZSE:002279) 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.


Beijing Join-Cheer Software Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Beijing Join-Cheer Software Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Join-Cheer Software Co (SZSE:002279) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081
Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.
Executives
Li Jun Director
Zhao Fu Jun Director
Shi Rui Feng Directors, executives
Wang Hai Xia Directors, executives
Wang Xin Director
Qiu An Chao Directors, executives
Ou Yang Yao Directors, executives
Ceng Chao Supervisors
Liu Wen Sheng Executives
Wang Jin Yan Supervisors
Zhu Xiao Jun Executives
Li Kun Qi Director

Beijing Join-Cheer Software Co (SZSE:002279) Headlines

No Headlines