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Kina Securities (ASX:KSL) Liabilities-to-Assets : 0.88 (As of Dec. 2023)


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What is Kina Securities 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. Kina Securities's Total Liabilities for the quarter that ended in Dec. 2023 was A$1,756.5 Mil. Kina Securities's Total Assets for the quarter that ended in Dec. 2023 was A$2,004.2 Mil. Therefore, Kina Securities's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.88.


Kina Securities Liabilities-to-Assets Historical Data

The historical data trend for Kina Securities'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.

Kina Securities Liabilities-to-Assets Chart

Kina Securities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.89 0.83 0.85 0.87 0.88

Kina Securities Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.85 0.86 0.87 0.88 0.88

Competitive Comparison of Kina Securities's Liabilities-to-Assets

For the Financial Conglomerates subindustry, Kina Securities'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.


Kina Securities's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kina Securities's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Kina Securities's Liabilities-to-Assets falls into.



Kina Securities 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.

Kina Securities's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1756.45/2004.235
=0.88

Kina Securities'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
=1756.45/2004.235
=0.88

* 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.


Kina Securities  (ASX:KSL) 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.


Kina Securities Liabilities-to-Assets Related Terms

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Kina Securities (ASX:KSL) Business Description

Traded in Other Exchanges
N/A
Address
Douglas Street, PO Box 1141, 9th Level, Kina Bank Haus, Port Moresby, PNG, NCD 121
Kina Securities Ltd provides diversified financial products and services. The company offers banking services, personal and commercial loans, money market operations, provision of share brokerage, fund administration, investment management services asset financing, and corporate advice. The Group's reportable segments include Kina Bank and Kina Wealth Management. The bank segment includes the operations of the Kina Bank while the Wealth Management segment includes fund management and fund administration business. It derives the majority of its revenues from the banking segment.

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