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Lijiang Yulong Tourism Co (SZSE:002033) Liabilities-to-Assets : 0.09 (As of Mar. 2024)


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What is Lijiang Yulong Tourism 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. Lijiang Yulong Tourism Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥280.0 Mil. Lijiang Yulong Tourism Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,978.6 Mil. Therefore, Lijiang Yulong Tourism Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.09.


Lijiang Yulong Tourism Co Liabilities-to-Assets Historical Data

The historical data trend for Lijiang Yulong Tourism 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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Lijiang Yulong Tourism Co Liabilities-to-Assets Chart

Lijiang Yulong Tourism Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.07 0.08 0.10

Lijiang Yulong Tourism Co Quarterly Data
Jun19 Sep19 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 0.08 0.14 0.10 0.10 0.09

Competitive Comparison of Lijiang Yulong Tourism Co's Liabilities-to-Assets

For the Lodging subindustry, Lijiang Yulong Tourism 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.


Lijiang Yulong Tourism Co's Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lijiang Yulong Tourism Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Lijiang Yulong Tourism Co's Liabilities-to-Assets falls into.



Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism 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
=288.496/2924.034
=0.10

Lijiang Yulong Tourism 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
=280.046/2978.555
=0.09

* 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.


Lijiang Yulong Tourism Co  (SZSE:002033) 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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Lijiang Yulong Tourism Co (SZSE:002033) Business Description

Traded in Other Exchanges
N/A
Address
No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100
Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.
Executives
Deng Li Xing Supervisors
Yang Ning Directors, executives
Liu Xiao Hua Directors, executives
Wang Xia Supervisors, within half a year of separation
Hao Gang Supervisors

Lijiang Yulong Tourism Co (SZSE:002033) Headlines

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