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Hong Kong Finance Group (HKSE:01273) Liabilities-to-Assets : 0.25 (As of Sep. 2024)


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What is Hong Kong Finance Group 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. Hong Kong Finance Group's Total Liabilities for the quarter that ended in Sep. 2024 was HK$277.2 Mil. Hong Kong Finance Group's Total Assets for the quarter that ended in Sep. 2024 was HK$1,112.8 Mil. Therefore, Hong Kong Finance Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.25.


Hong Kong Finance Group Liabilities-to-Assets Historical Data

The historical data trend for Hong Kong Finance Group'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.

Hong Kong Finance Group Liabilities-to-Assets Chart

Hong Kong Finance Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.39 0.37 0.30 0.28

Hong Kong Finance Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.37 0.30 0.28 0.28 0.25

Competitive Comparison of Hong Kong Finance Group's Liabilities-to-Assets

For the Mortgage Finance subindustry, Hong Kong Finance Group'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.


Hong Kong Finance Group's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Kong Finance Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Hong Kong Finance Group's Liabilities-to-Assets falls into.


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Hong Kong Finance Group 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.

Hong Kong Finance Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=318.38/1134.998
=0.28

Hong Kong Finance Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=277.239/1112.821
=0.25

* 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.


Hong Kong Finance Group  (HKSE:01273) 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.


Hong Kong Finance Group Liabilities-to-Assets Related Terms

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Hong Kong Finance Group Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Lippo Centre, Unit 3410, 34th Floor, Tower II, Admirality, Hong Kong, HKG
Hong Kong Finance Group Ltd is an investment holding company. The company's operating segment includes Property mortgage loans and Personal loans. It generates maximum revenue from the Property mortgage loans segment. Geographically, it derives revenue from Hong Kong. The company also earns revenue from the interest income earned through the money lending business of providing property mortgage loans and personal loans in Hong Kong It provides diversified property mortgage services, which can be applied for residential, industrial and commercial buildings, shops, and parking spaces.
Executives
Chan Kwong Yin William 2101 Beneficial owner
Chan Koung Nam 2101 Beneficial owner
Tin Ching Holdings Limited 2101 Beneficial owner

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