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Cbak Energy Technology Inc   (CBAT)
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Cbak Energy Technology Inc 's Tangible Leverage Ratio

CBAT's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 5.99%, Tangible Leverage Ratio fell to 1.27, below the Cbak Energy Technology Inc 's average Tangible Leverage Ratio.

Within Industrial Machinery and Components industry in the second quarter 2023, 50 other companies have achieved lower Tangible Leverage Ratio than Cbak Energy Technology Inc in the II Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the first quarter 2023 from 1770 to 1819 .

Explain Tangible Leverage Ratio?
What is CBAT Market Share?
What are CBAT´s Total Liabilities?


CBAT Tangible Leverage Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Tangible Equity Change -14.78 % -12.14 % -10.35 % 2.11 % 30.39 %
Y / Y Total Liabilities Change 0.97 % -6.39 % -2.16 % 90.32 % 57.29 %
Tangible Leverage Ratio MRQ 1.27 1.11 1.03 1.05 1.07
CBAT's Total Ranking # 1819 # 1770 # 1926 # 2001 # 2107
Seq. Tangible Equity Change -7.04 % -1.09 % -1.35 % -6.05 % -4.17 %
Seq. Total Liabilities Change 5.99 % 7 % -2.99 % -8.22 % -1.73 %



Tangible Leverage Ratio second quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 51
Capital Goods Sector # 117
Overall Market # 1813


Tangible Leverage Ratio Statistics
High Average Low
415.33 19.21 0.56
(Dec 31 2018)   (Sep 30 2021)




Financial Statements
Cbak Energy Technology Inc 's Tangible Equity $ 113 Millions Visit CBAT's Balance sheet
Cbak Energy Technology Inc 's Total Liabilities $ 144 Millions Visit CBAT's Balance sheet
Source of CBAT's Sales Visit CBAT's Sales by Geography


Cumulative Cbak Energy Technology Inc 's Tangible Leverage Ratio

CBAT's Tangible Leverage Ratio for the trailling 12 Months

CBAT Tangible Leverage Ratio

(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Tangible Equity TTM Growth -14.78 % -12.14 % -10.35 % 2.11 % 30.39 %
Y / Y Total Liabilities TTM Growth 0.97 % -6.39 % -2.16 % 90.32 % 57.29 %
Tangible Leverage Ratio TTM 1.11 1.06 1.05 1.02 0.91
Total Ranking TTM # 2144 # 7 # 30 # 1760 # 7
Seq. Tangible Equity TTM Growth -7.04 % -1.09 % -1.35 % -6.05 % -4.17 %
Seq. Total Liabilities TTM Growth 5.99 % 7 % -2.99 % -8.22 % -1.73 %


On the trailing twelve months basis Due to the net new borrowings of 5.99% during the trailing twelve months finishing in the II Quarter 2023, cumulativeTangible Leverage Ratio improved to 1.11, below the Cbak Energy Technology Inc 's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Industrial Machinery and Components industry 71, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Cbak Energy Technology Inc . While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the II Quarter 2023, compared to the prior period, from 7 to 2144.

Explain Tangible Leverage Ratio?
What is CBAT Market Share?
What are CBAT´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 72
Capital Goods Sector # 164
Within the Market # 2144


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
857.43 48.48 0.82
(Dec 31 2018)   (Mar 31 2022)




Companies with similar Tangible Leverage Ratio in the quarter ending Jun 30 2023, within Industrial Machinery and Components Industry Tangible Leverage RatioJun 30 2023 MRQ Total LiabilitiesJun 30 2023 MRQ Tangible Equity
Sunworks Inc   3.46 $ 51.488  Millions$ 14.882  Millions
Owens Corning  2.84 $ 5,908.000  Millions$ 2,082.000  Millions
Agco Corp  2.84 $ 7,008.300  Millions$ 2,471.000  Millions
Flux Power Holdings Inc   2.74 $ 26.158  Millions$ 9.547  Millions
Enersys  2.72 $ 1,740.443  Millions$ 640.075  Millions
Fluence Energy Inc   2.52 $ 1,166.710  Millions$ 463.725  Millions
Kadant Inc   2.35 $ 368.781  Millions$ 156.896  Millions
Tennant Co  2.20 $ 587.700  Millions$ 266.700  Millions
Woodward Inc   2.19 $ 1,785.593  Millions$ 814.321  Millions
Donaldson Company Inc   2.18 $ 1,417.500  Millions$ 651.500  Millions
Atkore Inc   2.05 $ 1,394.538  Millions$ 678.837  Millions
Championx Corp  2.01 $ 1,553.869  Millions$ 772.656  Millions
Siteone Landscape Supply Inc   1.98 $ 1,437.500  Millions$ 726.900  Millions
Graham Corporation  1.98 $ 110.307  Millions$ 55.841  Millions
Thermon Group Holdings inc   1.87 $ 223.176  Millions$ 119.396  Millions
Veeco Instruments inc  1.76 $ 615.847  Millions$ 349.444  Millions
Desktop Metal inc   1.76 $ 232.639  Millions$ 132.109  Millions
Dragonfly Energy Holdings Corp   1.64 $ 52.671  Millions$ 32.213  Millions
Lam Research Corporation  1.38 $ 8,876.250  Millions$ 6,419.229  Millions
Kennametal Inc   1.34 $ 1,271.787  Millions$ 951.453  Millions
Ekso Bionics Holdings Inc   1.31 $ 16.179  Millions$ 12.323  Millions
Cbak Energy Technology Inc   1.27 $ 143.510  Millions$ 113.157  Millions
Asml Holding Nv  1.21 $ 11,050.368  Millions$ 9,096.752  Millions
Enovix Corporation  1.18 $ 291.321  Millions$ 247.284  Millions
Standex International Corp  1.18 $ 314.408  Millions$ 266.977  Millions
Perma pipe International Holdings Inc   1.17 $ 64.858  Millions$ 55.218  Millions
Tecogen Inc   1.14 $ 12.870  Millions$ 11.272  Millions
Alamo Group Inc   1.09 $ 549.885  Millions$ 504.121  Millions
Arts Way Manufacturing Co Inc  1.07 $ 12.734  Millions$ 11.873  Millions
Greystone Logistics Inc   1.07 $ 20.936  Millions$ 19.540  Millions

Date modified: 2023-08-11T03:24:29+00:00



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