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Hi-Klass Trading And Investment (BOM:542332) Liabilities-to-Assets : 0.33 (As of Mar. 2024)


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What is Hi-Klass Trading And Investment 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. Hi-Klass Trading And Investment's Total Liabilities for the quarter that ended in Mar. 2024 was ₹12.27 Mil. Hi-Klass Trading And Investment's Total Assets for the quarter that ended in Mar. 2024 was ₹37.13 Mil. Therefore, Hi-Klass Trading And Investment's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.33.


Hi-Klass Trading And Investment Liabilities-to-Assets Historical Data

The historical data trend for Hi-Klass Trading And Investment'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.

Hi-Klass Trading And Investment Liabilities-to-Assets Chart

Hi-Klass Trading And Investment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.33

Hi-Klass Trading And Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only - - 0.01 - 0.33

Competitive Comparison of Hi-Klass Trading And Investment's Liabilities-to-Assets

For the Capital Markets subindustry, Hi-Klass Trading And Investment'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.


Hi-Klass Trading And Investment's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hi-Klass Trading And Investment's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Hi-Klass Trading And Investment's Liabilities-to-Assets falls into.



Hi-Klass Trading And Investment 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.

Hi-Klass Trading And Investment's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=12.265/37.131
=0.33

Hi-Klass Trading And Investment's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=12.265/37.131
=0.33

* 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.


Hi-Klass Trading And Investment  (BOM:542332) 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.


Hi-Klass Trading And Investment Liabilities-to-Assets Related Terms

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Hi-Klass Trading And Investment (BOM:542332) Business Description

Traded in Other Exchanges
N/A
Address
Veer Nariman Road, Office No 15, 2nd Floor, Plot No 24, Rehman Building, Hutatma Chowk, Fort, Mumbai, MH, IND, 400 001
Hi-Klass Trading And Investment Ltd is engaged in trading and investments in shares, stocks, securities, and properties and extends short term loans to corporate and Firms/high net worth individuals. The Business of the company falls under a single segment i.e. Financial Activities.

Hi-Klass Trading And Investment (BOM:542332) Headlines

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