GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » XD Inc (HKSE:02400) » Definitions » Liabilities-to-Assets

XD (HKSE:02400) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is XD 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. XD's Total Liabilities for the quarter that ended in Dec. 2023 was HK$2,779 Mil. XD's Total Assets for the quarter that ended in Dec. 2023 was HK$4,823 Mil. Therefore, XD's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


XD Liabilities-to-Assets Historical Data

The historical data trend for XD'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.

XD Liabilities-to-Assets Chart

XD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.20 0.23 0.53 0.60 0.58

XD Semi-Annual Data
Dec16 Dec17 Dec18 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.59 0.60 0.58 0.58

Competitive Comparison of XD's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, XD'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.


XD's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, XD's Liabilities-to-Assets distribution charts can be found below:

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



XD 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.

XD'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
=2778.954/4822.955
=0.58

XD'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
=2778.954/4822.955
=0.58

* 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.


XD  (HKSE:02400) 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.


XD Liabilities-to-Assets Related Terms

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


XD (HKSE:02400) Business Description

Traded in Other Exchanges
Address
Wanrong Road, Unit A2, No. 700, Shanghai, CHN
Website
XD Inc is engaged in the development, operation, publishing, and distribution of mobile and web games and the provision of information services in China and overseas. It also operates TapTap, a game community and platform in China. It has two operating segments. The game segment, which is the key revenue driver, offers game publishing and operating services on its own and via other distribution channels. Revenues from this segment are derived from game publishing and operating services. The information service segment offers online marketing services to game developers, game publishers, or their agents. Revenues from this segment are derived from performance-based online marketing services.
Executives
Huang Yimeng 2101 Beneficial owner
Dai Yunjie 2101 Beneficial owner
Jpmorgan Chase & Co. 2102 Investment manager
J.p. Morgan Trust Company (singapore) Pte. Ltd. 2301 Trustee
Danger And Sons Inc. 2201 Interest of corporation controlled by you
Kros Dai Inc. 2101 Beneficial owner
J.p. Morgan Trust Company Of Delaware 2301 Trustee
Credit Suisse Group Ag 2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc. 2201 Interest of corporation controlled by you
Credit Suisse Trust Limited 2301 Trustee
Happy Today Company Limited 2201 Interest of corporation controlled by you
Happy Today Holding Limited 2101 Beneficial owner

XD (HKSE:02400) Headlines

No Headlines