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Wave Sync (Wave Sync) Liabilities-to-Assets : 0.16 (As of Mar. 2022)


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What is Wave Sync 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. Wave Sync's Total Liabilities for the quarter that ended in Mar. 2022 was $4.04 Mil. Wave Sync's Total Assets for the quarter that ended in Mar. 2022 was $25.11 Mil. Therefore, Wave Sync's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 was 0.16.


Wave Sync Liabilities-to-Assets Historical Data

The historical data trend for Wave Sync'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.

Wave Sync Liabilities-to-Assets Chart

Wave Sync Annual Data
Trend Jun09 Jun10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 176.88 - - 0.16

Wave Sync Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 28.67 0.08 0.03 0.16 0.16

Competitive Comparison of Wave Sync's Liabilities-to-Assets

For the Shell Companies subindustry, Wave Sync'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.


Wave Sync's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Wave Sync's Liabilities-to-Assets distribution charts can be found below:

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



Wave Sync 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.

Wave Sync's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=4.107/25.3
=0.16

Wave Sync's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 is calculated as

Liabilities-to-Assets (Q: Mar. 2022 )=Total Liabilities/Total Assets
=4.037/25.112
=0.16

* 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.


Wave Sync  (OTCPK:WAYS) 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.


Wave Sync Liabilities-to-Assets Related Terms

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Wave Sync (Wave Sync) Business Description

Traded in Other Exchanges
N/A
Address
19 West 44th Street, Suite 1001, New York, NY, USA, 10036
Website
Wave Sync Corp is a shell company.
Executives
Xinfeng Nie director, 10 percent owner PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Bin Zhou director PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Zhibin Jin officer: Secretary PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Jianjun Xu director PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Mingyong Hu director PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Jingmei Weng director, officer: Chief Financial Officer PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Sanfu Huang director, 10 percent owner, officer: Chief Executive Officer PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Fulun Su director PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Nie Xinfeng Co.,ltd. 10 percent owner P.O.BOX 957, OFFSHORE INCORPORATIONS CTR, ROAD TOWN, TORTOLA D8 000000
Gaomin Huang 10 percent owner PUDONG BUILDING, 2ND FLOOR, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Sanfu Holding Co.,ltd 10 percent owner PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaoshuang Chen director RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021
Yong Bian director C/O CHINA INSONLINE CORP., 4F HENRY HOUSE, 10 ICEHOUSE ST., CENTRAL HONG KONG F4 00000
Renbin Yu director RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021
Edith Kamying Ho director 800 5TH AVENUE, SUITE 4100, SEATTLE WA 98104