Minerva Group Holding (HKSE:00397) Liabilities-to-Assets : 0.04 (As of Dec. 2023)

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What is Minerva 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. Minerva Group Holding's Total Liabilities for the quarter that ended in Dec. 2023 was HK$49.16 Mil. Minerva Group Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$1,325.80 Mil. Therefore, Minerva Group Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.04.

Minerva Group Holding Liabilities-to-Assets Historical Data

The historical data trend for Minerva 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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Minerva Group Holding Liabilities-to-Assets Chart

Minerva Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

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0.04

0.02

0.03

0.04

Minerva Group Holding Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.03	0.03	0.04	0.04	0.04

Competitive Comparison of Minerva Group Holding's Liabilities-to-Assets

For the Financial Conglomerates subindustry, Minerva 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.

Minerva Group Holding's Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

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

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

Minerva 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.

Minerva Group Holding'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
	=	49.159	/	1325.798
	=	0.04

Minerva Group Holding'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
	=	49.159	/	1325.798
	=	0.04

Minerva Group Holding (HKSE:00397) 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.

Minerva Group Holding Liabilities-to-Assets Related Terms

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Minerva Group Holding (HKSE:00397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Minerva Group Holding Ltd (HKSE:00397) » Definitions » Liabilities-to-Assets

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG

Website

http://www.powerfinancial.com.hk

Minerva Group Holding Ltd Formerly Power Financial Group Ltd is principally engaged in the financial services business, money lending business, and asset investment, t. The company operates through four segments Financial Services segment provides financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; the Money Lending segment provides loan financing in Hong Kong; and Assets investment segment that invests in debt securities earning fixed interest income, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains. It derives the majority of its revenue from the Money lending segment. It derives revenue from Hong Kong.

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