Addentax Group (ATXG): Debts to Book Capitalization

Graphic logo of Addentax Group (ATXG)

Addentax Group Corp. is modernizing apparel supply chains through the implementation of advanced IT platforms. Total debt to book capitalization visualizes current debt safety, where 0.21 reflects the baseline level of the metric. Business efficiency is bolstered by alliances with Chinese networks and the acquisition of software services, while flexibility is ensured by large-scale digital outsourcing of freight capacities.

ATXG - Addentax Debts to Net Assets over the range 04/28/2023 - 10/27/2026
Core merchandise of addentax.com

Institutional investors evaluate this parameter to determine the financial resilience of Addentax Group Corp. (ATXG) against market volatility. The metric compares total borrowed funds with the book value of equity, reflecting the business's degree of dependence on creditors. By analyzing the debt-to-equity chart, one can assess the risk of default in the event of a revenue decline. For China's cyclical logistics sector, excessive leverage is critical due to margin sensitivity to macro shocks. An optimal debt balance ensures the asset's survival during periods of international trade downturns.

Who Addentax Group Corp. competes with

UNP (Union Pacific Railroad) - Debts to Book Capitalization|Debt to Net Assets prologis.com PLD|Debts to Book Capitalization CP (CPKC)|NSC: Debts to Net Assets|csx.com - Debt to Book Capitalization Ratio|Debts to Net Assets CN Rail|PACCAR Inc (PCAR) - Debt to Book Value|Debt to Book Capital publicstorage.com (PSA)|C.H. Robinson Corp (CHRW) - Debt to Book Value|Debt to Net Assets Ratio xpo.com (XPO)|UHAL: Debts to Book Capitalization|Debts to Book Value Saia Motor Freight Line SAIA|TFI International Inc. - Debts to Book Capitalization|R: Debts to Book Capitalization|Debt to Book Capitalization Ratio Knight-Swift KNX|Debt to Net Assets Ratio GATX Corp|Landstar System Inc (LSTR) - Debt to Book Value|Debt to Book Capital schneider.com|RXO, Inc. (RXO) - Debts to Book Capitalization|Debt to Net Assets Ratio trin.net (TRN)|Debts to Book Capitalization WERN (Werner Enterprises Inc)|Debts to Book Capitalization Distribution Solutions Corp DSGR|ScanSource Corp (SCSC) - Debts to Book Capitalization|HTLD - Debt to Book Value Ratio|Debts to Book Capitalization hyster-yale.com|universallogistics.com (ULH) - Debt to Book Value Ratio|Debts to Book Capitalization CVLG (Covenant Logistics Group)|Debts to Book Value WNC|Debt to Book Capitalization Ratio Owens & Minor Corp OMI|Debt to Book Value Ratio radiantdelivers.com RLGT|Debt to Book Value PAMT Corp (PAMT)|Debt to Book Capital Proficient Auto Logistics Inc PAL|FreightCar America, Inc. - Debts to Book Capitalization|MingZhu Logistics (YGMZ) - Debts to Book Capitalization|Debt to Book Value elogint.com|Debt to Book Value Ratio Haoxin|CTNT - Debt to Book Value|Debt to Net Assets Ratio EZFill Holdings, Inc.|NKLA: Debts to Book Capitalization|Debt to Net Assets PTSI (P.A.M. Transportation Services, Inc.)|Debt to Book Capitalization Ratio Daseke Corp