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E Lighting Group Holdings (HKSE:08222) Liabilities-to-Assets : 0.60 (As of Sep. 2023)


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What is E Lighting Group Holdings 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. E Lighting Group Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$29.92 Mil. E Lighting Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$49.52 Mil. Therefore, E Lighting Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.60.


E Lighting Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for E Lighting Group Holdings'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.

E Lighting Group Holdings Liabilities-to-Assets Chart

E Lighting Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.54 0.54 0.50 0.59

E Lighting Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.47 - 0.59 - 0.60

Competitive Comparison of E Lighting Group Holdings's Liabilities-to-Assets

For the Furnishings, Fixtures & Appliances subindustry, E Lighting Group Holdings'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.


E Lighting Group Holdings's Liabilities-to-Assets Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, E Lighting Group Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where E Lighting Group Holdings's Liabilities-to-Assets falls into.



E Lighting Group Holdings 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.

E Lighting Group Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=29.401/49.601
=0.59

E Lighting Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=29.918/49.521
=0.60

* 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.


E Lighting Group Holdings  (HKSE:08222) 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.


E Lighting Group Holdings Liabilities-to-Assets Related Terms

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E Lighting Group Holdings (HKSE:08222) Business Description

Traded in Other Exchanges
N/A
Address
199 Wanchai Road, 10th Floor, Tiffan Tower, Wanchai, Hong Kong, HKG
E Lighting Group Holdings Ltd is an investment holding company. The group is engaged in retail chain business in lighting, designer label furniture and household products, and wholesale of tableware and giftware. It is organized into two main reportable segments, the Lighting and furniture business and Tableware, giftware and other business. It operates in the following principal geographical areas - Hong Kong, and North America. The group generates most of its revenue from Hong Kong. It derives the majority of its revenue from the Lighting and furniture business segment.
Executives
Hue Kwok Chiu 2101 Beneficial owner

E Lighting Group Holdings (HKSE:08222) Headlines

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