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Easy Click Worldwide Network Technology Co (SZSE:301171) Liabilities-to-Assets : 0.36 (As of Mar. 2024)


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What is Easy Click Worldwide Network 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. Easy Click Worldwide Network Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 was ¥1,908 Mil. Easy Click Worldwide Network Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,370 Mil. Therefore, Easy Click Worldwide Network Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.36.


Easy Click Worldwide Network Technology Co Liabilities-to-Assets Historical Data

The historical data trend for Easy Click Worldwide Network 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.

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Easy Click Worldwide Network Technology Co Liabilities-to-Assets Chart

Easy Click Worldwide Network Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.50 0.58 0.36 0.27

Easy Click Worldwide Network Technology Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 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 0.31 0.28 0.28 0.27 0.36

Competitive Comparison of Easy Click Worldwide Network Technology Co's Liabilities-to-Assets

For the Advertising Agencies subindustry, Easy Click Worldwide Network 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.


Easy Click Worldwide Network Technology Co's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Liabilities-to-Assets falls into.



Easy Click Worldwide Network 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.

Easy Click Worldwide Network 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
=1267.825/4671.22
=0.27

Easy Click Worldwide Network 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
=1907.975/5370.13
=0.36

* 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.


Easy Click Worldwide Network Technology Co  (SZSE:301171) 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.


Easy Click Worldwide Network Technology Co Liabilities-to-Assets Related Terms

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Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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