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Hing Lee (HK) Holdings (HKSE:00396) Debt-to-Asset : 0.33 (As of Dec. 2023)


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What is Hing Lee (HK) Holdings Debt-to-Asset?

Hing Lee (HK) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$57.82 Mil. Hing Lee (HK) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.29 Mil. Hing Lee (HK) Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$182.27 Mil. Hing Lee (HK) Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.33.


Hing Lee (HK) Holdings Debt-to-Asset Historical Data

The historical data trend for Hing Lee (HK) Holdings'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.

Hing Lee (HK) Holdings Debt-to-Asset Chart

Hing Lee (HK) Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.29 0.33 0.36 0.33

Hing Lee (HK) Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset 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 0.33 0.34 0.36 0.34 0.33

Competitive Comparison of Hing Lee (HK) Holdings's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Hing Lee (HK) Holdings'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.


Hing Lee (HK) Holdings's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hing Lee (HK) Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hing Lee (HK) Holdings's Debt-to-Asset falls into.



Hing Lee (HK) Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hing Lee (HK) Holdings'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
=(57.815 + 2.286) / 182.27
=0.33

Hing Lee (HK) Holdings'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
=(57.815 + 2.286) / 182.27
=0.33

* 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.


Hing Lee (HK) Holdings  (HKSE:00396) 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.


Hing Lee (HK) Holdings Debt-to-Asset Related Terms

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Hing Lee (HK) Holdings (HKSE:00396) Business Description

Traded in Other Exchanges
N/A
Address
3 On Yiu Street, Shatin,, Unit 1101, 11th Floor, Delta House, New Territories, Hong Kong, HKG
Hing Lee (Hk) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.
Executives
Sung Kai Hing 2101 Beneficial owner
Wong Wai King 2202 Interest of your spouse

Hing Lee (HK) Holdings (HKSE:00396) Headlines

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