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Vestate Group Holdings (HKSE:01386) Liabilities-to-Assets : 2.29 (As of Sep. 2020)


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What is Vestate Group 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. Vestate Group Holdings's Total Liabilities for the quarter that ended in Sep. 2020 was HK$994.85 Mil. Vestate Group Holdings's Total Assets for the quarter that ended in Sep. 2020 was HK$434.10 Mil. Therefore, Vestate Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 was 2.29.


Vestate Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for Vestate Group 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.

Vestate Group Holdings Liabilities-to-Assets Chart

Vestate Group Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.66 0.95 1.43 2.25

Vestate Group Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 1.15 1.43 1.55 2.25 2.29

Competitive Comparison of Vestate Group Holdings's Liabilities-to-Assets

For the Footwear & Accessories subindustry, Vestate Group 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.


Vestate Group Holdings's Liabilities-to-Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vestate Group Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Vestate Group 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.

Vestate Group Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2020 is calculated as:

Liabilities-to-Assets (A: Mar. 2020 )=Total Liabilities/Total Assets
=945.688/420.703
=2.25

Vestate Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 is calculated as

Liabilities-to-Assets (Q: Sep. 2020 )=Total Liabilities/Total Assets
=994.848/434.095
=2.29

* 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.


Vestate Group Holdings  (HKSE:01386) 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.


Vestate Group Holdings Liabilities-to-Assets Related Terms

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Vestate Group Holdings (HKSE:01386) Business Description

Traded in Other Exchanges
N/A
Address
1 Wang Kwong Road, Unit E, 22nd Floor, Tower A, Kowloon Bay, Kowloon, Hong Kong, HKG
Vestate Group Holdings Ltd is an investment holding company. Its only operating segment being development and retailing of footwear products. Geographically, it derives a majority of revenue from PRC and also has a presence in Hong Kong and Taiwan. The company's segments include Retail business and Financial services business.
Executives
China Consume Elderly Care Holdings Limtied 2101 Beneficial owner
Zhu Xiaojun 2201 Interest of corporation controlled by you

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