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Meiwu Technology Co (Meiwu Technology Co) Liabilities-to-Assets : 0.34 (As of Jun. 2023)


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What is Meiwu 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. Meiwu Technology Co's Total Liabilities for the quarter that ended in Jun. 2023 was $12.66 Mil. Meiwu Technology Co's Total Assets for the quarter that ended in Jun. 2023 was $37.50 Mil. Therefore, Meiwu Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.34.


Meiwu Technology Co Liabilities-to-Assets Historical Data

The historical data trend for Meiwu 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.

Meiwu Technology Co Liabilities-to-Assets Chart

Meiwu Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
1.44 1.51 0.55 0.38 0.47

Meiwu Technology Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.38 0.48 0.47 0.34

Competitive Comparison of Meiwu Technology Co's Liabilities-to-Assets

For the Internet Retail subindustry, Meiwu 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.


Meiwu Technology Co's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meiwu Technology Co's Liabilities-to-Assets distribution charts can be found below:

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



Meiwu 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.

Meiwu Technology Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=17.939/37.996
=0.47

Meiwu Technology Co's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=12.658/37.5
=0.34

* 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.


Meiwu Technology Co  (NAS:WNW) 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.


Meiwu Technology Co Liabilities-to-Assets Related Terms

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Meiwu Technology Co (Meiwu Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN
Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.

Meiwu Technology Co (Meiwu Technology Co) Headlines

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