Hang Seng Bank (Hang Seng Bank) Debt-to-Asset : 0.03 (As of Dec. 2023)

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What is Hang Seng Bank Debt-to-Asset?

Hang Seng Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Hang Seng Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,956 Mil. Hang Seng Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $216,663 Mil. Hang Seng Bank's debt to asset for the quarter that ended in Dec. 2023 was 0.03.

Hang Seng Bank Debt-to-Asset Historical Data

The historical data trend for Hang Seng Bank'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.

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Hang Seng Bank Debt-to-Asset Chart

Hang Seng Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.01

0.02

0.03

Hang Seng Bank 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															0.01	0.02	0.02	0.03	0.03

Competitive Comparison of Hang Seng Bank's Debt-to-Asset

For the Banks - Regional subindustry, Hang Seng Bank'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.

Hang Seng Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hang Seng Bank's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hang Seng Bank's Debt-to-Asset falls into.

Hang Seng Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hang Seng Bank'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
	=	(0	+	5956.234)	/	216662.911
	=	0.03

Hang Seng Bank'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
	=	(0	+	5956.234)	/	216662.911
	=	0.03

Hang Seng Bank (OTCPK:HSNGF) 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.

Hang Seng Bank Debt-to-Asset Related Terms

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Hang Seng Bank (Hang Seng Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hang Seng Bank Ltd (OTCPK:HSNGF) » Definitions » Debt-to-Asset

Traded in Other Exchanges

HSNGY:USA 00011:Hong Kong HSB:Germany

Address

83 Des Voeux Road Central, Hong kong, HKG

Website

https://www.hangseng.com

Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

Hang Seng Bank (Hang Seng Bank) Headlines

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