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Bright Smart Securitiesmmodities Group (HKSE:01428) Debt-to-Asset : 0.65 (As of Sep. 2023)


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What is Bright Smart Securitiesmmodities Group Debt-to-Asset?

Bright Smart Securitiesmmodities Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$5,212.1 Mil. Bright Smart Securitiesmmodities Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.4 Mil. Bright Smart Securitiesmmodities Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was HK$8,050.8 Mil. Bright Smart Securitiesmmodities Group's debt to asset for the quarter that ended in Sep. 2023 was 0.65.


Bright Smart Securitiesmmodities Group Debt-to-Asset Historical Data

The historical data trend for Bright Smart Securitiesmmodities Group'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.

Bright Smart Securitiesmmodities Group Debt-to-Asset Chart

Bright Smart Securitiesmmodities Group 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 0.44 0.46 0.73 0.54 0.58

Bright Smart Securitiesmmodities Group 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 0.65 0.54 0.51 0.58 0.65

Competitive Comparison of Bright Smart Securitiesmmodities Group's Debt-to-Asset

For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.


Bright Smart Securitiesmmodities Group's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bright Smart Securitiesmmodities Group's Debt-to-Asset falls into.



Bright Smart Securitiesmmodities Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bright Smart Securitiesmmodities Group'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
=(4463.322 + 8.545) / 7729.37
=0.58

Bright Smart Securitiesmmodities Group'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
=(5212.09 + 6.35) / 8050.79
=0.65

* 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.


Bright Smart Securitiesmmodities Group  (HKSE:01428) 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.


Bright Smart Securitiesmmodities Group Debt-to-Asset Related Terms

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Bright Smart Securitiesmmodities Group (HKSE:01428) Business Description

Traded in Other Exchanges
Address
71 Des Voeux Road Central, 10th Floor and 23rd Floor, Wing On House, Central, Hong Kong, HKG
Bright Smart Securities & Commodities Group Ltd is a company that principally provides financial services. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded in overseas markets. The company generates most of its revenue from the Securities broking segment.

Bright Smart Securitiesmmodities Group (HKSE:01428) Headlines

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