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Lithium & Boron Technology (Lithium & Boron Technology) Liabilities-to-Assets : 1.42 (As of Jun. 2022)


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What is Lithium & Boron Technology 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. Lithium & Boron Technology's Total Liabilities for the quarter that ended in Jun. 2022 was $6.48 Mil. Lithium & Boron Technology's Total Assets for the quarter that ended in Jun. 2022 was $4.57 Mil. Therefore, Lithium & Boron Technology's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 was 1.42.


Lithium & Boron Technology Liabilities-to-Assets Historical Data

The historical data trend for Lithium & Boron Technology'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.

Lithium & Boron Technology Liabilities-to-Assets Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.15 1.78 0.62 0.61 1.29

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.66 1.05 1.29 1.35 1.42

Competitive Comparison of Lithium & Boron Technology's Liabilities-to-Assets

For the Chemicals subindustry, Lithium & Boron Technology'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.


Lithium & Boron Technology's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lithium & Boron Technology's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lithium & Boron Technology's Liabilities-to-Assets falls into.



Lithium & Boron Technology 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.

Lithium & Boron Technology's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=6.008/4.643
=1.29

Lithium & Boron Technology's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2022 is calculated as

Liabilities-to-Assets (Q: Jun. 2022 )=Total Liabilities/Total Assets
=6.483/4.573
=1.42

* 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.


Lithium & Boron Technology  (OTCPK:LBTI) 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.


Lithium & Boron Technology Liabilities-to-Assets Related Terms

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Lithium & Boron Technology (Lithium & Boron Technology) Business Description

Traded in Other Exchanges
N/A
Address
60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company through its holding manufactures and sells boric acid and related compounds for industrial and consumer use. It offers boric acid manufacturing facilities to produce lithium carbonate for the rapidly growing electric vehicle battery market in China.
Executives
Jimin Zhang 10 percent owner 33 DENG SHI DOU STREET, BEJING F4 100006
Ginko International Investment Co., Ltd 10 percent owner WICKHAMS CAY II, ROAD TOWN, TORTOLA D8 VG1110
Jian Zhang 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Mao Zhang director, 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Huajun Ai officer: Corporate Secretary C/O SMARTHEAT, A-1,10, STREET 7, SHENYANG F4 110027
Northtech Holdings Inc. 10 percent owner MILL MALL 6 WICKHAMS CAY1, P. O. BOX 3085 ROAD TOWN, TORTOLA D8 VG1110
Kenneth E. Scipta director 4045 CENTER POINTE PLACE, SARASOTA FL 34233
Michael Wilhelm officer: Chief Financial Officer 6529 N. OSHKOSH AVENUE, CHICAGO IL 60631
Oliver Bialowons director, officer: President SCHREIBERSTR 38, STUTTGART 2M 70199
Qingtai Kong director A-1,10,STREET 7,SHENYANG ECON&TECH ZONE, C/O SMARTHEAT INC., SHENYANG F4 110141
Xudong Wang officer: VP of Strategy and Development C/O SMARTHEAT INC, A-1 TO ST 7 SHENYANG ECO & TECH DEV ZONE, SHENYANG F4 110027
Xin Li director C/O SMARTHEAT INC, A-1 10 STREET 7, SHENYANG F4 110027
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003
Fredric W Rittereiser director C/O UTTC 1900 MARKET ST, STE 701, PHILADELPHIA PA 19103
Wenbin Lin director C/O SMARTHEAT,A-1,10, STREET 7, SHENYANG ECON & TECH DEV. ZONE, SHENYANG F4 110027

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