HIGR (Hi-Great Group Holding Co) Debt-to-Asset : 0.11 (As of Jun. 2024)

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What is Hi-Great Group Holding Co Debt-to-Asset?

Hi-Great Group Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Hi-Great Group Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.01 Mil. Hi-Great Group Holding Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $0.06 Mil. Hi-Great Group Holding Co's debt to asset for the quarter that ended in Jun. 2024 was 0.11.

Hi-Great Group Holding Co Debt-to-Asset Historical Data

The historical data trend for Hi-Great Group Holding Co'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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Hi-Great Group Holding Co Debt-to-Asset Chart

Hi-Great Group Holding Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.40

0.31

0.25

Hi-Great Group Holding Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Asset	Get a 7-Day Free Trial						0.41	0.45	0.25	0.26	0.11

Competitive Comparison of Hi-Great Group Holding Co's Debt-to-Asset

For the Packaged Foods subindustry, Hi-Great Group Holding Co'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.

Hi-Great Group Holding Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hi-Great Group Holding Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hi-Great Group Holding Co's Debt-to-Asset falls into.

Hi-Great Group Holding Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hi-Great Group Holding Co'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	+	0.021)	/	0.084
	=	0.25

Hi-Great Group Holding Co's Debt-to-Asset for the quarter that ended in Jun. 2024 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	+	0.007)	/	0.063
	=	0.11

Hi-Great Group Holding Co (OTCPK:HIGR) 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.

Hi-Great Group Holding Co Debt-to-Asset Related Terms

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Hi-Great Group Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hi-Great Group Holding Co (OTCPK:HIGR) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

621 South Virgil Avenue, Suite 460, Los Angeles, CA, USA, 90005

Website

http://www.asia-great.com

Hi-Great Group Holding Co is engaged in the distribution of plant-based finished consumer products and the sale of herbal supplements and compounds. The company integrates the use of specialty herbs into its health supplement business to include expansion into the cosmetics sector using multiple herbal oils and compounds. The Company is also involved in Agritourism and sells herbal supplements.

Hi-Great Group Holding Co Headlines

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