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Hengtai Securities Co (HKSE:01476) Debt-to-Asset : 0.26 (As of Dec. 2023)


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What is Hengtai Securities Co Debt-to-Asset?

Hengtai Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,067 Mil. Hengtai Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,777 Mil. Hengtai Securities Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$34,129 Mil. Hengtai Securities Co's debt to asset for the quarter that ended in Dec. 2023 was 0.26.


Hengtai Securities Co Debt-to-Asset Historical Data

The historical data trend for Hengtai Securities Co'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.

Hengtai Securities Co Debt-to-Asset Chart

Hengtai Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.29 0.29 0.27 0.26

Hengtai Securities Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.29 0.28 0.27 0.27 0.26

Competitive Comparison of Hengtai Securities Co's Debt-to-Asset

For the Capital Markets subindustry, Hengtai Securities Co'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.


Hengtai Securities Co's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hengtai Securities Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hengtai Securities Co's Debt-to-Asset falls into.



Hengtai Securities Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hengtai Securities Co'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
=(5067.141 + 3776.957) / 34128.8
=0.26

Hengtai Securities Co'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
=(5067.141 + 3776.957) / 34128.8
=0.26

* 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.


Hengtai Securities Co  (HKSE:01476) 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.


Hengtai Securities Co Debt-to-Asset Related Terms

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Hengtai Securities Co (HKSE:01476) Business Description

Traded in Other Exchanges
N/A
Address
No. 17 Finance Street, 11th Floor, China Life Centre, Xicheng District, Beijing, CHN, 100033
Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

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