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Min Xin Holdings (HKSE:00222) Debt-to-Asset : 0.09 (As of Dec. 2023)


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What is Min Xin Holdings Debt-to-Asset?

Min Xin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$657.3 Mil. Min Xin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$198.9 Mil. Min Xin Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$9,184.7 Mil. Min Xin Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.09.


Min Xin Holdings Debt-to-Asset Historical Data

The historical data trend for Min Xin Holdings'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.

* Premium members only.

Min Xin Holdings Debt-to-Asset Chart

Min Xin Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.13 0.08 0.09

Min Xin Holdings 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 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 0.13 0.07 0.08 0.09 0.09

Competitive Comparison of Min Xin Holdings's Debt-to-Asset

For the Insurance - Property & Casualty subindustry, Min Xin Holdings'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.


Min Xin Holdings's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Min Xin Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Min Xin Holdings's Debt-to-Asset falls into.



Min Xin Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Min Xin Holdings'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
=(657.268 + 198.888) / 9184.725
=0.09

Min Xin Holdings'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
=(657.268 + 198.888) / 9184.725
=0.09

* 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.


Min Xin Holdings  (HKSE:00222) 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.


Min Xin Holdings Debt-to-Asset Related Terms

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Min Xin Holdings (HKSE:00222) Business Description

Traded in Other Exchanges
Address
No. 8 Cotton Tree Drive, 17th Floor, Fairmont House, Central, Hong Kong, HKG
Min Xin Holdings Ltd is a Hong Kong-based investment holding company. It provides business including banking investment, microfinance, insurance, property investment, and energy investment. Mainland China. It organizes its business into five segments namely Financial Services, Insurance, Property investment, Strategic Investment, and Other activities. It operates its business in Hong Kong, Mainland China, and Macau, and derives a majority of its revenue from Macau.

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