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Fameglow Holdings (HKSE:08603) Liabilities-to-Assets : 0.89 (As of Sep. 2023)


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What is Fameglow 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. Fameglow Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$177.2 Mil. Fameglow Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$198.2 Mil. Therefore, Fameglow Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.89.


Fameglow Holdings Liabilities-to-Assets Historical Data

The historical data trend for Fameglow 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.

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Fameglow Holdings Liabilities-to-Assets Chart

Fameglow Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.57 0.81 0.95 0.99 0.91

Fameglow 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 0.98 - 0.91 - 0.89

Competitive Comparison of Fameglow Holdings's Liabilities-to-Assets

For the Personal Services subindustry, Fameglow 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.


Fameglow Holdings's Liabilities-to-Assets Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fameglow Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Fameglow 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.

Fameglow 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
=188.64/208.141
=0.91

Fameglow 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
=177.163/198.162
=0.89

* 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.


Fameglow Holdings  (HKSE:08603) 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.


Fameglow Holdings Liabilities-to-Assets Related Terms

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Fameglow Holdings (HKSE:08603) Business Description

Traded in Other Exchanges
N/A
Address
63 Wing Hong Street, Unit 304, Global Gateway Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Fameglow Holdings Ltd acts as an investment holding company. Through its subsidiaries, it is principally engaged in the provision of treatment services and the sale of skincare products in Hong Kong. The firm's treatment services comprise Energy-based procedures, minimally invasive procedures, and Traditional beauty services. The majority of revenue gets derived from Energy-based procedures. the company's revenue is derived from hong kong only.
Executives
Equal Joy Holdings Limited 2101 Beneficial owner
Fu Chi Ching 2201 Interest of corporation controlled by you
Yip Chun Kwok Danny 2201 Interest of corporation controlled by you

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