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Anbangve-Guard Group Co (SHSE:603373) Liabilities-to-Assets : 0.20 (As of Mar. 2024)


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What is Anbangve-Guard Group 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. Anbangve-Guard Group Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥655 Mil. Anbangve-Guard Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,331 Mil. Therefore, Anbangve-Guard Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.20.


Anbangve-Guard Group Co Liabilities-to-Assets Historical Data

The historical data trend for Anbangve-Guard Group 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.

* Premium members only.

Anbangve-Guard Group Co Liabilities-to-Assets Chart

Anbangve-Guard Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.40 0.32 0.28 0.25 0.21

Anbangve-Guard Group Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.22 0.25 0.26 0.21 0.20

Competitive Comparison of Anbangve-Guard Group Co's Liabilities-to-Assets

For the Security & Protection Services subindustry, Anbangve-Guard Group 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.


Anbangve-Guard Group Co's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Anbangve-Guard Group Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Anbangve-Guard Group Co's Liabilities-to-Assets falls into.



Anbangve-Guard Group 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.

Anbangve-Guard Group 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
=714.269/3342.152
=0.21

Anbangve-Guard Group Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=655.303/3331.07
=0.20

* 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.


Anbangve-Guard Group Co  (SHSE:603373) 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.


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Anbangve-Guard Group Co (SHSE:603373) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Fenghua Road, Zhuantang Street, Floor E8, Zhijiang Fortune Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310024
Anbang Save-Guard Group Co Ltd is engaged in providing financial security services, comprehensive security services and security emergency services.

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