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Ace Edulink Co (ROCO:6764) Liabilities-to-Assets : 0.58 (As of Dec. 2023)


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What is Ace Edulink Co 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. Ace Edulink Co's Total Liabilities for the quarter that ended in Dec. 2023 was NT$831 Mil. Ace Edulink Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,446 Mil. Therefore, Ace Edulink Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.


Ace Edulink Co Liabilities-to-Assets Historical Data

The historical data trend for Ace Edulink Co'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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Ace Edulink Co Liabilities-to-Assets Chart

Ace Edulink Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.57 0.54 0.52 0.54 0.58

Ace Edulink Co Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only 0.52 0.54 0.54 0.57 0.58

Competitive Comparison of Ace Edulink Co's Liabilities-to-Assets

For the Education & Training Services subindustry, Ace Edulink Co'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.


Ace Edulink Co's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edulink Co's Liabilities-to-Assets distribution charts can be found below:

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



Ace Edulink Co 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.

Ace Edulink Co'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
=830.71/1445.88
=0.57

Ace Edulink Co'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
=830.71/1445.88
=0.57

* 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.


Ace Edulink Co  (ROCO:6764) 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.


Ace Edulink Co Liabilities-to-Assets Related Terms

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Ace Edulink Co (ROCO:6764) Business Description

Traded in Other Exchanges
N/A
Address
Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN
Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

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