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First Capital Securities Co (SZSE:002797) Liabilities-to-Assets : 0.65 (As of Mar. 2024)


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What is First Capital Securities 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. First Capital Securities Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥29,274 Mil. First Capital Securities Co's Total Assets for the quarter that ended in Mar. 2024 was ¥44,804 Mil. Therefore, First Capital Securities Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.65.


First Capital Securities Co Liabilities-to-Assets Historical Data

The historical data trend for First Capital Securities 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.

First Capital Securities Co Liabilities-to-Assets Chart

First Capital Securities 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 0.73 0.65 0.65 0.68 0.66

First Capital Securities 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 0.67 0.69 0.70 0.66 0.65

Competitive Comparison of First Capital Securities Co's Liabilities-to-Assets

For the Financial Conglomerates subindustry, First Capital Securities 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.


First Capital Securities Co's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, First Capital Securities Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Capital Securities Co's Liabilities-to-Assets falls into.



First Capital Securities 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.

First Capital Securities 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
=29988.125/45281.205
=0.66

First Capital Securities 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
=29273.892/44804.424
=0.65

* 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.


First Capital Securities Co  (SZSE:002797) 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.


First Capital Securities Co Liabilities-to-Assets Related Terms

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First Capital Securities Co (SZSE:002797) Business Description

Traded in Other Exchanges
N/A
Address
115 Fuhua 1st Road, 20th Floor, Investment Bank Building, Guangdong Province, Futian District, Shenzhen, CHN, 518048
First Capital Securities Co Ltd provides fixed-income products such as treasury bonds, central bank bills, policy financial bonds and short-term financing bonds, medium-term notes and non-publicly oriented debt financing instruments. Further, it also provides investment banking, asset management, securities brokerage, margin financing, futures brokerage and other financial products. Geographically the activities are carried out through China.
Executives
Cai Qi Xiao Director
Wang Fang Executives

First Capital Securities Co (SZSE:002797) Headlines

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