Global Engine Group Holding (Global Engine Group Holding) Liabilities-to-Assets : 0.65 (As of Dec. 2022)

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What is Global Engine Group Holding 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. Global Engine Group Holding's Total Liabilities for the quarter that ended in Dec. 2022 was $2.55 Mil. Global Engine Group Holding's Total Assets for the quarter that ended in Dec. 2022 was $3.91 Mil. Therefore, Global Engine Group Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.65.

Global Engine Group Holding Liabilities-to-Assets Historical Data

The historical data trend for Global Engine Group Holding'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.

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Global Engine Group Holding Liabilities-to-Assets Chart

Global Engine Group Holding Annual Data

Trend

Jun20

Jun21

Jun22

Liabilities-to-Assets

0.77

0.80

0.48

Global Engine Group Holding Quarterly Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Liabilities-to-Assets	Get a 7-Day Free Trial			-	0.80	0.78	0.48	0.65

Competitive Comparison of Global Engine Group Holding's Liabilities-to-Assets

For the Information Technology Services subindustry, Global Engine Group Holding'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.

Global Engine Group Holding's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Global Engine Group Holding's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Global Engine Group Holding's Liabilities-to-Assets falls into.

Global Engine Group Holding 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.

Global Engine Group Holding's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Liabilities-to-Assets (A: Jun. 2022 )	=	Total Liabilities	/	Total Assets
	=	1.063	/	2.197
	=	0.48

Global Engine Group Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )	=	Total Liabilities	/	Total Assets
	=	2.55	/	3.91
	=	0.65

Global Engine Group Holding (NAS:GLE) 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.

Global Engine Group Holding Liabilities-to-Assets Related Terms

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Global Engine Group Holding (Global Engine Group Holding) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.

Global Engine Group Holding (Global Engine Group Holding) Headlines

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