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Kinetix Systems Holdings (HKSE:08606) Debt-to-Asset : 0.02 (As of Jun. 2024)


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What is Kinetix Systems Holdings Debt-to-Asset?

Kinetix Systems Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2.6 Mil. Kinetix Systems Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.3 Mil. Kinetix Systems Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$186.4 Mil. Kinetix Systems Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.02.


Kinetix Systems Holdings Debt-to-Asset Historical Data

The historical data trend for Kinetix Systems 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.

Kinetix Systems Holdings Debt-to-Asset Chart

Kinetix Systems Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.03 0.08 0.14 0.11 0.02

Kinetix Systems Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 0.09 - 0.02 0.02

Competitive Comparison of Kinetix Systems Holdings's Debt-to-Asset

For the Information Technology Services subindustry, Kinetix Systems 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.


Kinetix Systems Holdings's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Kinetix Systems Holdings's Debt-to-Asset distribution charts can be found below:

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



Kinetix Systems Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kinetix Systems 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
=(3.604 + 1.168) / 201.616
=0.02

Kinetix Systems 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
=(2.643 + 0.327) / 186.428
=0.02

* 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.


Kinetix Systems Holdings  (HKSE:08606) 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.


Kinetix Systems Holdings Debt-to-Asset Related Terms

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Kinetix Systems Holdings Business Description

Traded in Other Exchanges
N/A
Address
165 Hoi Bun Road, 6th Floor, SML Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Kinetix Systems Holdings Ltd is an Information Technology (IT) services, provider. The company operates in four segments which includes Provision of IT infrastructure solutions services, Provision of IT development solutions services, Provision of IT maintenance and support services and Entertainment products. The majority of its revenue comes from the IT infrastructure solutions services segment, which includes IT infrastructure, procurement of hardware and software, installation and testing & integration services and system analysis & design, software development, and technology consultancy. Its geographical segments are Hong Kong, Macau, and Singapore, of which the vast majority of its revenue comes from Hong Kong.
Executives
Vigorous King Limited 2101 Beneficial owner
Tong Po Ki Vicky 2202 Interest of your spouse
Yu Larry 2201 Interest of corporation controlled by you
Lam Sze Chun Jackson 2101 Beneficial owner
Goldlink Hong Kong Investment Limited 2101 Beneficial owner
Rich Trend Hong Kong Investment Limited 2101 Beneficial owner
Leung Wan Hung 2202 Interest of your spouse
Yiu Wai Ki 2101 Beneficial owner

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