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Pop Culture Group Co (Pop Culture Group Co) Liabilities-to-Assets : 0.42 (As of Dec. 2023)


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What is Pop Culture 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. Pop Culture Group Co's Total Liabilities for the quarter that ended in Dec. 2023 was $17.28 Mil. Pop Culture Group Co's Total Assets for the quarter that ended in Dec. 2023 was $41.19 Mil. Therefore, Pop Culture Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.42.


Pop Culture Group Co Liabilities-to-Assets Historical Data

The historical data trend for Pop Culture 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.

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Pop Culture Group Co Liabilities-to-Assets Chart

Pop Culture Group Co Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
0.48 0.40 0.44 0.18 0.33

Pop Culture Group Co Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.18 0.23 0.33 0.42

Competitive Comparison of Pop Culture Group Co's Liabilities-to-Assets

For the Entertainment subindustry, Pop Culture 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.


Pop Culture Group Co's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pop Culture Group Co's Liabilities-to-Assets distribution charts can be found below:

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



Pop Culture 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.

Pop Culture Group Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=12.867/39.045
=0.33

Pop Culture Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=17.281/41.191
=0.42

* 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.


Pop Culture Group Co  (NAS:CPOP) 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.


Pop Culture Group Co Liabilities-to-Assets Related Terms

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Pop Culture Group Co (Pop Culture Group Co) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor, No. 168 Fengqi Road, Jimei District, Fujian Province, Xiamen, CHN, 361008
Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts.