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Golden Wheel Tiandi Holdings Co (HKSE:01232) Liabilities-to-Assets : 0.98 (As of Dec. 2024)


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What is Golden Wheel Tiandi Holdings Co 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. Golden Wheel Tiandi Holdings Co's Total Liabilities for the quarter that ended in Dec. 2024 was HK$8,465.4 Mil. Golden Wheel Tiandi Holdings Co's Total Assets for the quarter that ended in Dec. 2024 was HK$8,668.0 Mil. Therefore, Golden Wheel Tiandi Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.98.


Golden Wheel Tiandi Holdings Co Liabilities-to-Assets Historical Data

The historical data trend for Golden Wheel Tiandi Holdings Co'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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Golden Wheel Tiandi Holdings Co Liabilities-to-Assets Chart

Golden Wheel Tiandi Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.79 0.84 0.90 0.98

Golden Wheel Tiandi Holdings Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.84 0.88 0.90 0.95 0.98

Competitive Comparison of Golden Wheel Tiandi Holdings Co's Liabilities-to-Assets

For the Real Estate - Development subindustry, Golden Wheel Tiandi Holdings 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.


Golden Wheel Tiandi Holdings Co's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden Wheel Tiandi Holdings Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Golden Wheel Tiandi Holdings Co's Liabilities-to-Assets falls into.


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Golden Wheel Tiandi Holdings 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.

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

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=8465.449/8667.983
=0.98

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

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=8465.449/8667.983
=0.98

* 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.


Golden Wheel Tiandi Holdings Co  (HKSE:01232) 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.


Golden Wheel Tiandi Holdings Co Liabilities-to-Assets Related Terms

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Golden Wheel Tiandi Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Hanzhong Road, 33rd Floor, Golden Wheel International Plaza, Nanjing, CHN
Golden Wheel Tiandi Holdings Co Ltd is an investment holding company. Through its subsidiaries, it is engaged in four segments namely Property development which involves the development and sale of properties, Property leasing which involves Property leasing (including the lease of self-owned properties and sub-lease of rented properties), and hotel operation. The majority of its revenue comes from the sale of the group's developed properties. Its geographical segments are Mainland China and Hong Kong, of which its revenue comes from Mainland China.
Executives
Wong Kam Fai 2101 Beneficial owner
Wong Kam Keung Barry 2101 Beneficial owner
Janata Suwita
Wong Yam Yin
Golden Wheel Realty Company Limited 2101 Beneficial owner
Hung So Ling 2201 Interest of corporation controlled by you

Golden Wheel Tiandi Holdings Co Headlines

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