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Harvest Miracle Capital Bhd (XKLS:0060) Liabilities-to-Assets : 0.07 (As of Dec. 2023)


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What is Harvest Miracle Capital Bhd 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. Harvest Miracle Capital Bhd's Total Liabilities for the quarter that ended in Dec. 2023 was RM22.83 Mil. Harvest Miracle Capital Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM338.05 Mil. Therefore, Harvest Miracle Capital Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.07.


Harvest Miracle Capital Bhd Liabilities-to-Assets Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd Liabilities-to-Assets Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.54 0.44 0.26 0.30

Harvest Miracle Capital Bhd Quarterly Data
Mar19 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 0.27 0.30 0.09 0.06 0.07

Competitive Comparison of Harvest Miracle Capital Bhd's Liabilities-to-Assets

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's Liabilities-to-Assets falls into.



Harvest Miracle Capital Bhd 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.

Harvest Miracle Capital Bhd'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
=125.102/412.025
=0.30

Harvest Miracle Capital Bhd'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
=22.827/338.053
=0.07

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd Liabilities-to-Assets Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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