GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Commercial Holdings Ltd (HKSE:00104) » Definitions » Debt-to-Asset

Asia Commercial Holdings (HKSE:00104) Debt-to-Asset : 0.25 (As of Sep. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Asia Commercial Holdings Debt-to-Asset?

Asia Commercial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$154.7 Mil. Asia Commercial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$28.9 Mil. Asia Commercial Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was HK$743.9 Mil. Asia Commercial Holdings's debt to asset for the quarter that ended in Sep. 2023 was 0.25.


Asia Commercial Holdings Debt-to-Asset Historical Data

The historical data trend for Asia Commercial Holdings's Debt-to-Asset 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.

Asia Commercial Holdings Debt-to-Asset Chart

Asia Commercial Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.42 0.32 0.30 0.28

Asia Commercial Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Asset 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 0.21 0.30 0.27 0.28 0.25

Competitive Comparison of Asia Commercial Holdings's Debt-to-Asset

For the Specialty Retail subindustry, Asia Commercial Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Asia Commercial Holdings's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Commercial Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Commercial Holdings's Debt-to-Asset falls into.



Asia Commercial Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Asia Commercial Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(194.358 + 35.209) / 820.984
=0.28

Asia Commercial Holdings's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(154.681 + 28.85) / 743.868
=0.25

* 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.


Asia Commercial Holdings  (HKSE:00104) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Asia Commercial Holdings Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Asia Commercial Holdings's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Commercial Holdings (HKSE:00104) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road East, 3901, 39th Floor, The Hopewell Centre, Wanchai, Hong Kong, HKG
Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. The company currently operates in The People's Republic of China, United Kingdom, Hong Kong, and Switzerland out of which PRC generates the maximum revenue for the company.
Executives
Lam Kim Phung 2101 Beneficial owner
Century Hero International Limited 2101 Beneficial owner
Goodideal Industrial Limited 2101 Beneficial owner
Eav Yin 2101 Beneficial owner
Chanchhaya Trustee Holding Corporation
Covenhills Limited

Asia Commercial Holdings (HKSE:00104) Headlines

No Headlines