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Top Wealth Group Holding (Top Wealth Group Holding) Debt-to-Asset : 0.11 (As of Dec. 2023)


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What is Top Wealth Group Holding Debt-to-Asset?

Top Wealth Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.82 Mil. Top Wealth Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Top Wealth Group Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $7.35 Mil. Top Wealth Group Holding's debt to asset for the quarter that ended in Dec. 2023 was 0.11.

Top Wealth Group Holding Debt-to-Asset Historical Data

The historical data trend for Top Wealth Group Holding'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.

Top Wealth Group Holding Debt-to-Asset Chart

Top Wealth Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.07 0.02 0.11

Top Wealth Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 0.07 - 0.02 0.11 0.11

Competitive Comparison of Top Wealth Group Holding's Debt-to-Asset

For the Food Distribution subindustry, Top Wealth Group Holding'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.

Top Wealth Group Holding's Debt-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Top Wealth Group Holding's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Top Wealth Group Holding's Debt-to-Asset falls into.


Top Wealth Group Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Top Wealth Group Holding'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
=(0.818 + 0) / 7.349
=0.11

Top Wealth Group Holding'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
=(0.818 + 0) / 7.349
=0.11

* 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.

Top Wealth Group Holding  (NAS:TWG) 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.

Top Wealth Group Holding Debt-to-Asset Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Top Wealth Group Holding Ltd (NAS:TWG) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG
Website
https://www.imperialcristalcaviar.com
Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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