ZX (HKSE:09890) Liabilities-to-Assets : 0.69 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is ZX 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. ZX's Total Liabilities for the quarter that ended in Dec. 2023 was HK$5,461 Mil. ZX's Total Assets for the quarter that ended in Dec. 2023 was HK$7,950 Mil. Therefore, ZX's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.69.

ZX Liabilities-to-Assets Historical Data

The historical data trend for ZX'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.

ZX Liabilities-to-Assets Chart

ZX Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.83

0.82

0.83

0.69

ZX Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Liabilities-to-Assets	0.83	0.82	0.83	0.69

Competitive Comparison of ZX's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, ZX'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.

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

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

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

ZX 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.

ZX'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
	=	5460.609	/	7949.815
	=	0.69

ZX'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
	=	5460.609	/	7949.815
	=	0.69

ZX (HKSE:09890) 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.

ZX Liabilities-to-Assets Related Terms

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

ZX (HKSE:09890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN

Website

https://www.zx.com

ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.

Executives

Wu Xubo	2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd.	2301 Trustee
Wxland Holding Limited	2201 Interest of corporation controlled by you
Wxland International Ltd	2101 Beneficial owner
Wxland Limited	2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited	2301 Trustee
Wu Xuan	2307 Founder of a discretionary trust who can infl
Wxzela International Ltd	2101 Beneficial owner
Zela Holding Limited	2201 Interest of corporation controlled by you
Chen Yang	2201 Interest of corporation controlled by you
Wxworld Holding Limited	2101 Beneficial owner

ZX (HKSE:09890) Headlines

No Headlines