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Yik Wo International Holdings (HKSE:08659) Liabilities-to-Assets : 0.17 (As of Dec. 2023)


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What is Yik Wo International 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. Yik Wo International Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$57.6 Mil. Yik Wo International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$343.2 Mil. Therefore, Yik Wo International Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.17.


Yik Wo International Holdings Liabilities-to-Assets Historical Data

The historical data trend for Yik Wo International 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.

Yik Wo International Holdings Liabilities-to-Assets Chart

Yik Wo International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.29 0.21 0.18 0.17 0.17

Yik Wo International Holdings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.17 - 0.16 - 0.17

Competitive Comparison of Yik Wo International Holdings's Liabilities-to-Assets

For the Packaging & Containers subindustry, Yik Wo International 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.


Yik Wo International Holdings's Liabilities-to-Assets Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yik Wo International Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Yik Wo International 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.

Yik Wo International Holdings'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
=57.568/343.24
=0.17

Yik Wo International Holdings'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
=57.568/343.24
=0.17

* 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.


Yik Wo International Holdings  (HKSE:08659) 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.


Yik Wo International Holdings Liabilities-to-Assets Related Terms

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Yik Wo International Holdings (HKSE:08659) Business Description

Traded in Other Exchanges
N/A
Address
Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN
Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. It sells its products under JAZZIT brand. Its regular products feature with only one compartment; and customised products can store various kinds of food and beverage with its multi-compartment disposable plastic food storage containers. The group derives prime revenue from the PRC.

Yik Wo International Holdings (HKSE:08659) Headlines

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