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Macmic Science & Technology Co (SHSE:688711) Liabilities-to-Assets : 0.52 (As of Mar. 2024)


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What is Macmic Science & Technology 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. Macmic Science & Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥1,239 Mil. Macmic Science & Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,385 Mil. Therefore, Macmic Science & Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.52.


Macmic Science & Technology Co Liabilities-to-Assets Historical Data

The historical data trend for Macmic Science & Technology 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.

Macmic Science & Technology Co Liabilities-to-Assets Chart

Macmic Science & Technology Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.46 0.32 0.43 0.54

Macmic Science & Technology Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.48 0.56 0.54 0.52

Competitive Comparison of Macmic Science & Technology Co's Liabilities-to-Assets

For the Semiconductors subindustry, Macmic Science & Technology 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.


Macmic Science & Technology Co's Liabilities-to-Assets Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Macmic Science & Technology Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Macmic Science & Technology Co's Liabilities-to-Assets falls into.



Macmic Science & Technology 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.

Macmic Science & Technology 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
=1346.196/2488.991
=0.54

Macmic Science & Technology 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
=1238.747/2385.469
=0.52

* 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.


Macmic Science & Technology Co  (SHSE:688711) 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.


Macmic Science & Technology Co Liabilities-to-Assets Related Terms

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Macmic Science & Technology Co (SHSE:688711) Business Description

Traded in Other Exchanges
N/A
Address
18 Huashan Middle Road,, Jiangsu Province, Changzhou, CHN, 213022
Macmic Science & Technology Co Ltd is engaged in the design, research and development, production and sales of power semiconductor chips, single tubes, modules and power modules based on IGBT and FRED.
Executives
Yu Yi Zhang Core technical personnel
Xu Chun Feng senior management
Li Si Ping Director
Chang Dong Lai senior management
Ding Zi Wen Directors, senior managers
Liu Li Feng Directors, senior managers
Wang Xiao Bao Senior management, core technical personnel

Macmic Science & Technology Co (SHSE:688711) Headlines

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