GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » National Electronics Holdings Ltd (HKSE:00213) » Definitions » Liabilities-to-Assets

National Electronics Holdings (HKSE:00213) Liabilities-to-Assets : 0.71 (As of Sep. 2023)


View and export this data going back to 1985. Start your Free Trial

What is National Electronics 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. National Electronics Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$6,087.4 Mil. National Electronics Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$8,621.1 Mil. Therefore, National Electronics Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.71.


National Electronics Holdings Liabilities-to-Assets Historical Data

The historical data trend for National Electronics 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.

National Electronics Holdings Liabilities-to-Assets Chart

National Electronics 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 0.66 0.66 0.65 0.69 0.70

National Electronics Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.67 0.69 0.70 0.70 0.71

Competitive Comparison of National Electronics Holdings's Liabilities-to-Assets

For the Footwear & Accessories subindustry, National Electronics 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.


National Electronics Holdings's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, National Electronics Holdings's Liabilities-to-Assets distribution charts can be found below:

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



National Electronics 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.

National Electronics 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
=5962.158/8508.307
=0.70

National Electronics 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
=6087.394/8621.138
=0.71

* 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.


National Electronics Holdings  (HKSE:00213) 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.


National Electronics Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of National Electronics Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


National Electronics Holdings (HKSE:00213) Business Description

Traded in Other Exchanges
N/A
Address
11 Pedder Street, The Landmark, Suite 3201, Gloucester Tower, Central, Hong Kong, HKG
National Electronics Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacture of watches and trading of watch movements, Property development and investment, and Hotel operation. The property development and investment segment includes the development and sale of properties and the holding of properties for investment and leasing purposes. The company generates the majority of its revenue from sales of watches. The company has a Geographically presence in North America, Hong Kong, China, Europe, and Other Countries.
Executives
Lee Loewe Bon Chi
Lee Yuen Ching Jimmy
Fenmore Investments Limited 2101 Beneficial owner
Hsbc International Trustee Limited 2301 Trustee
Americus Holdings Limited 2101 Beneficial owner

National Electronics Holdings (HKSE:00213) Headlines

No Headlines