Sincere Co (HKSE:00244) Liabilities-to-Assets : 0.73 (As of Dec. 2024)

Sincere Co Liabilities-to-Assets Chart

Sincere Co Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Dec22	Dec23	Dec24
Liabilities-to-Assets		Get a 7-Day Free Trial					0.72	0.95	0.75	0.79	0.73

Sincere Co Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Liabilities-to-Assets	Get a 7-Day Free Trial															0.75	0.71	0.79	0.81	0.73

Competitive Comparison of Sincere Co's Liabilities-to-Assets

For the Department Stores subindustry, Sincere Co'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.

Sincere Co's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Co's Liabilities-to-Assets distribution charts can be found below:

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

Sincere Co 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.

Sincere Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Sincere Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.

Sincere Co  (HKSE:00244) 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.

Sincere Co Liabilities-to-Assets Related Terms

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Sincere Co Business Description