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King Fook Holdings (HKSE:00280) Liabilities-to-Assets : 0.26 (As of Sep. 2023)


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What is King Fook Holdings 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. King Fook Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$251.6 Mil. King Fook Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$971.3 Mil. Therefore, King Fook Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.26.


King Fook Holdings Liabilities-to-Assets Historical Data

The historical data trend for King Fook Holdings'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.

King Fook Holdings Liabilities-to-Assets Chart

King Fook Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.22 0.20 0.18 0.10

King Fook Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.21 0.18 0.16 0.10 0.26

Competitive Comparison of King Fook Holdings's Liabilities-to-Assets

For the Luxury Goods subindustry, King Fook Holdings'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.


King Fook Holdings's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where King Fook Holdings's Liabilities-to-Assets falls into.



King Fook Holdings 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.

King Fook Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=87.207/854.184
=0.10

King Fook Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=251.565/971.271
=0.26

* 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.


King Fook Holdings  (HKSE:00280) 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.


King Fook Holdings Liabilities-to-Assets Related Terms

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King Fook Holdings (HKSE:00280) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG
King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.
Executives
Yeung Chi Shing Estates Limited 2101 Beneficial owner

King Fook Holdings (HKSE:00280) Headlines

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