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Optima Automobile Group Holdings (HKSE:08418) Debt-to-Asset : 0.32 (As of Jun. 2024)


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What is Optima Automobile Group Holdings Debt-to-Asset?

Optima Automobile Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$16.7 Mil. Optima Automobile Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$24.2 Mil. Optima Automobile Group Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$128.9 Mil. Optima Automobile Group Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.32.


Optima Automobile Group Holdings Debt-to-Asset Historical Data

The historical data trend for Optima Automobile Group 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.

Optima Automobile Group Holdings Debt-to-Asset Chart

Optima Automobile Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.34 0.35 0.38 0.37 0.24

Optima Automobile Group Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 0.31 - 0.37 0.32 0.24

Competitive Comparison of Optima Automobile Group Holdings's Debt-to-Asset

For the Auto Parts subindustry, Optima Automobile Group 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.


Optima Automobile Group Holdings's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optima Automobile Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Optima Automobile Group Holdings's Debt-to-Asset falls into.


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Optima Automobile Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Optima Automobile Group 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
=(17.219 + 31.765) / 133.73
=0.37

Optima Automobile Group Holdings'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
=(16.715 + 24.175) / 128.94
=0.32

* 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.


Optima Automobile Group Holdings  (HKSE:08418) 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.


Optima Automobile Group Holdings Debt-to-Asset Related Terms

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Optima Automobile Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
6 Kung Chong Road, Alexandra Industrial Estate, Singapore, SGP, 159143
Optima Automobile Group Holdings Ltd is a one-stop after-market automotive service provider in Singapore. The Group is principally engaged in the provision of a comprehensive range of after-market automotive services, with a focus on inspection, maintenance, and repair services; offering short-term and long-term car rental services; supplying passenger car spare parts, accessories, and automotive equipment to customers in Singapore and overseas countries and automobiles to customers in China; The Group operates in four segments which include After-market automotive services, Car rental services, Automotive supply business, and Education business. The majority of revenue is derived from the Automotive supply business.
Executives
Ang Lay Keong (hong Liqiang) 2201 Interest of corporation controlled by you
Lim Fang Fang, Queenie (lin Fangfang, Queenie) 2201 Interest of corporation controlled by you
Lim Li Ling (lin Liling) 2202 Interest of your spouse
Ng Chee Keen 2202 Interest of your spouse
Red Link International Limited 2101 Beneficial owner
Hu Wuan 2101 Beneficial owner
Chee Siew Wee 2101 Beneficial owner
Chong Soo Hoon, Sean 2101 Beneficial owner

Optima Automobile Group Holdings Headlines

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