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Harden Technologies (Harden Technologies) Liabilities-to-Assets : 0.56 (As of Jun. 2023)


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What is Harden Technologies 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. Harden Technologies's Total Liabilities for the quarter that ended in Jun. 2023 was $13.80 Mil. Harden Technologies's Total Assets for the quarter that ended in Jun. 2023 was $24.76 Mil. Therefore, Harden Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.56.


Harden Technologies Liabilities-to-Assets Historical Data

The historical data trend for Harden Technologies'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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Harden Technologies Liabilities-to-Assets Chart

Harden Technologies Annual Data
Trend Dec20 Dec21 Dec22
Liabilities-to-Assets
0.50 0.56 0.58

Harden Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.56 0.67 0.58 0.56

Competitive Comparison of Harden Technologies's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Harden Technologies'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.


Harden Technologies's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harden Technologies's Liabilities-to-Assets distribution charts can be found below:

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



Harden Technologies 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.

Harden Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=14.275/24.502
=0.58

Harden Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=13.804/24.756
=0.56

* 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.


Harden Technologies  (BATS:HAHA) 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.


Harden Technologies Liabilities-to-Assets Related Terms

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Harden Technologies (Harden Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400
Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

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