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Hong Kong Ferry (Holdings) Co (HKSE:00050) Liabilities-to-Assets : 0.05 (As of Dec. 2023)


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What is Hong Kong Ferry (Holdings) Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Hong Kong Ferry (Holdings) Co's Total Liabilities for the quarter that ended in Dec. 2023 was HK$324.6 Mil. Hong Kong Ferry (Holdings) Co's Total Assets for the quarter that ended in Dec. 2023 was HK$7,289.3 Mil. Therefore, Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.05.


Hong Kong Ferry (Holdings) Co Liabilities-to-Assets Historical Data

The historical data trend for Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets 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.

Hong Kong Ferry (Holdings) Co Liabilities-to-Assets Chart

Hong Kong Ferry (Holdings) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.05

Hong Kong Ferry (Holdings) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.04 0.05 0.04 0.05 0.05

Competitive Comparison of Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets

For the Real Estate - Diversified subindustry, Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets falls into.



Hong Kong Ferry (Holdings) Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=324.631/7289.271
=0.04

Hong Kong Ferry (Holdings) Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=324.631/7289.271
=0.04

* 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.


Hong Kong Ferry (Holdings) Co  (HKSE:00050) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Hong Kong Ferry (Holdings) Co Liabilities-to-Assets Related Terms

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Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Traded in Other Exchanges
N/A
Address
98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102
Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.
Executives
Lee Shau Kee

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

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