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World Houseware holdings (HKSE:00713) Liabilities-to-Assets : 0.53 (As of Dec. 2023)


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What is World Houseware 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. World Houseware holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$1,605.0 Mil. World Houseware holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$3,056.4 Mil. Therefore, World Houseware holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.53.


World Houseware holdings Liabilities-to-Assets Historical Data

The historical data trend for World Houseware 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.

World Houseware holdings Liabilities-to-Assets Chart

World Houseware holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.49 0.49 0.53

World Houseware holdings 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 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 0.49 0.50 0.49 0.52 0.53

Competitive Comparison of World Houseware holdings's Liabilities-to-Assets

For the Building Products & Equipment subindustry, World Houseware 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.


World Houseware holdings's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, World Houseware holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where World Houseware holdings's Liabilities-to-Assets falls into.



World Houseware 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.

World Houseware holdings'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
=1605.017/3056.413
=0.53

World Houseware holdings'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
=1605.017/3056.413
=0.53

* 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.


World Houseware holdings  (HKSE:00713) 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.


World Houseware holdings Liabilities-to-Assets Related Terms

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World Houseware holdings (HKSE:00713) Business Description

Traded in Other Exchanges
N/A
Address
16-18 Wah Sing Street, Flat C, 18th Floor, Bold Win Industrial Building, New Territories, Kwai Chung, Hong Kong, HKG
World Houseware holdings is an investment holding company. The company, along with its subsidiaries, operates in three segments. Its Household products segment is engaged in the manufacturing and distribution of household products, the PVC pipes and fittings segment manufactures and distributes PVC pipes and fittings, and the Property investment segment includes investment in properties. The firm generates a majority of its revenue from the PVC pipes and fittings segment.
Executives
Lee Hon Sing Alan
Lee Ka Yee
Lee Kwok Sing Stanley 2101 Beneficial owner
Fung Mei Po 2101 Beneficial owner
Lee Tat Hing 2101 Beneficial owner
Lee Chun Sing 2101 Beneficial owner

World Houseware holdings (HKSE:00713) Headlines

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