Cirtek Holdings (HKSE:01433) Debt-to-Asset : 0.13 (As of Dec. 2023)

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What is Cirtek Holdings Debt-to-Asset?

Cirtek Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$32.2 Mil. Cirtek Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16.0 Mil. Cirtek Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$369.4 Mil. Cirtek Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.13.

Cirtek Holdings Debt-to-Asset Historical Data

The historical data trend for Cirtek 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.

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Cirtek Holdings Debt-to-Asset Chart

Cirtek Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.22

0.15

0.12

0.13

Cirtek Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial								0.12	0.12	0.13	0.14	0.13

Competitive Comparison of Cirtek Holdings's Debt-to-Asset

For the Apparel Manufacturing subindustry, Cirtek 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.

Cirtek Holdings's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cirtek Holdings's Debt-to-Asset distribution charts can be found below:

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

Cirtek Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cirtek Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(32.185	+	15.995)	/	369.425
	=	0.13

Cirtek Holdings's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(32.185	+	15.995)	/	369.425
	=	0.13

Cirtek Holdings (HKSE:01433) 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.

Cirtek Holdings Debt-to-Asset Related Terms

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Cirtek Holdings (HKSE:01433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cirtek Holdings Ltd (HKSE:01433) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Cheung Yue Street, 1st Floor, Wing Ming Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.cirtek.com

Cirtek Holdings Ltd is engaged in manufacturing and sale of apparel products, such as hang tags, woven labels, printed labels and heat transfer products. It generates revenue from Hong Kong, Mainland China, Bangladesh, Vietnam, U.S and Other countries.

Executives

Charming International Limited	2101 Beneficial owner
Chan Sing Ming Barry	2201 Interest of corporation controlled by you
Law Miu Lan	2201 Interest of corporation controlled by you

Cirtek Holdings (HKSE:01433) Headlines

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