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GreenTree Hospitality Group (GreenTree Hospitality Group) Liabilities-to-Assets : 0.71 (As of Dec. 2023)


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What is GreenTree Hospitality Group 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. GreenTree Hospitality Group's Total Liabilities for the quarter that ended in Dec. 2023 was $502.3 Mil. GreenTree Hospitality Group's Total Assets for the quarter that ended in Dec. 2023 was $709.6 Mil. Therefore, GreenTree Hospitality Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.71.


GreenTree Hospitality Group Liabilities-to-Assets Historical Data

The historical data trend for GreenTree Hospitality Group'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.

GreenTree Hospitality Group Liabilities-to-Assets Chart

GreenTree Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.47 0.45 0.56 0.71 0.71

GreenTree Hospitality Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.71 0.74 0.71 0.71

Competitive Comparison of GreenTree Hospitality Group's Liabilities-to-Assets

For the Lodging subindustry, GreenTree Hospitality Group'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.


GreenTree Hospitality Group's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where GreenTree Hospitality Group's Liabilities-to-Assets falls into.



GreenTree Hospitality Group 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.

GreenTree Hospitality Group'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
=502.334/709.616
=0.71

GreenTree Hospitality Group'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
=502.334/709.616
=0.71

* 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.


GreenTree Hospitality Group  (NYSE:GHG) 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.


GreenTree Hospitality Group Liabilities-to-Assets Related Terms

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GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Traded in Other Exchanges
Address
1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.