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Tai United Holdings (HKSE:00718) Liabilities-to-Assets : 1.14 (As of Jun. 2023)


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What is Tai United 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. Tai United Holdings's Total Liabilities for the quarter that ended in Jun. 2023 was HK$3,473.7 Mil. Tai United Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$3,042.4 Mil. Therefore, Tai United Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 1.14.


Tai United Holdings Liabilities-to-Assets Historical Data

The historical data trend for Tai United 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.

Tai United Holdings Liabilities-to-Assets Chart

Tai United Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.16 0.63 0.94

Tai United Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.60 0.63 0.68 0.94 1.14

Competitive Comparison of Tai United Holdings's Liabilities-to-Assets

For the Medical Distribution subindustry, Tai United 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.


Tai United Holdings's Liabilities-to-Assets Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Tai United Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Tai United 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.

Tai United Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=3388.049/3610.617
=0.94

Tai United Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=3473.678/3042.376
=1.14

* 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.


Tai United Holdings  (HKSE:00718) 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.


Tai United Holdings Liabilities-to-Assets Related Terms

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Tai United Holdings (HKSE:00718) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG
Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.
Executives
Satinu Resources Group Ltd. 2201 Interest of corporation controlled by you
Songbird Sg Pte. Ltd. 2101 Beneficial owner

Tai United Holdings (HKSE:00718) Headlines

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