360 Ludashi Holdings (HKSE:03601) Liabilities-to-Assets : 0.16 (As of Dec. 2023)

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What is 360 Ludashi Holdings 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. 360 Ludashi Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$131.3 Mil. 360 Ludashi Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$835.1 Mil. Therefore, 360 Ludashi Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.16.

360 Ludashi Holdings Liabilities-to-Assets Historical Data

The historical data trend for 360 Ludashi Holdings'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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360 Ludashi Holdings Liabilities-to-Assets Chart

360 Ludashi Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

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0.11

0.07

0.08

0.09

0.16

360 Ludashi Holdings 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								0.08	0.07	0.09	0.13	0.16

Competitive Comparison of 360 Ludashi Holdings's Liabilities-to-Assets

For the Internet Content & Information subindustry, 360 Ludashi Holdings'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.

360 Ludashi Holdings's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 360 Ludashi Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where 360 Ludashi Holdings's Liabilities-to-Assets falls into.

360 Ludashi Holdings 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.

360 Ludashi Holdings'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
	=	131.258	/	835.085
	=	0.16

360 Ludashi Holdings'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
	=	131.258	/	835.085
	=	0.16

360 Ludashi Holdings (HKSE:03601) 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.

360 Ludashi Holdings Liabilities-to-Assets Related Terms

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360 Ludashi Holdings (HKSE:03601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 360 Ludashi Holdings Ltd (HKSE:03601) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.ludashi.com

360 Ludashi Holdings Ltd is a hardware and system benchmarking and monitoring solutions provider for PC and mobile devices in China. It is principally engaged in the online traffic monetization, electronic devices sales, provision of online advertising services, online game business, sales of smart accessories, certified pre-owned and factory smartphones and certified pre-owned and factory other electronic devices in the PRC. It derives a majority of revenue from online advertising services.

Executives

True Thrive Limited	2101 Beneficial owner
Dashi Technology Holdings Limited	2101 Beneficial owner
Tian Ye	2201 Interest of corporation controlled by you
360 Security Technology Inc.	2201 Interest of corporation controlled by you
Tianjin Qixin Zhicheng Technology Company Limited	2201 Interest of corporation controlled by you
Zhou Hongyi	2201 Interest of corporation controlled by you
Shanghai Dongfangwang Stock Company Limited	2201 Interest of corporation controlled by you
Shanghai Songheng Network Technology Company Limited	2201 Interest of corporation controlled by you
360 Technology Group Co., Ltd.	2201 Interest of corporation controlled by you
True Thrive Limited	2101 Beneficial owner
Hong Kong Songyuan International Limited	2201 Interest of corporation controlled by you
Shanghai Gaoxin Computer System Company Limited	2201 Interest of corporation controlled by you
Songchang International Limited	2101 Beneficial owner

360 Ludashi Holdings (HKSE:03601) Headlines

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