GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beng Soon Machinery Holdings Ltd (HKSE:01987) » Definitions » Liabilities-to-Assets

Beng Soon Machinery Holdings (HKSE:01987) Liabilities-to-Assets : 0.23 (As of Jun. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Beng Soon Machinery 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. Beng Soon Machinery Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was HK$66.7 Mil. Beng Soon Machinery Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$290.7 Mil. Therefore, Beng Soon Machinery Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.23.


Beng Soon Machinery Holdings Liabilities-to-Assets Historical Data

The historical data trend for Beng Soon Machinery 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.

Beng Soon Machinery Holdings Liabilities-to-Assets Chart

Beng Soon Machinery Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.28 0.26 0.28 0.26 0.25

Beng Soon Machinery Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.28 0.26 0.26 0.25 0.23

Competitive Comparison of Beng Soon Machinery Holdings's Liabilities-to-Assets

For the Engineering & Construction subindustry, Beng Soon Machinery 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.


Beng Soon Machinery Holdings's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Beng Soon Machinery Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Beng Soon Machinery Holdings's Liabilities-to-Assets falls into.



Beng Soon Machinery 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.

Beng Soon Machinery 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
=77.424/312.492
=0.25

Beng Soon Machinery Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=66.718/290.675
=0.23

* 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.


Beng Soon Machinery Holdings  (HKSE:01987) 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.


Beng Soon Machinery Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Beng Soon Machinery Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Beng Soon Machinery Holdings Business Description

Traded in Other Exchanges
N/A
Address
21 Tuas South Street 7, Singapore, SGP, 637111
Beng Soon Machinery Holdings Ltd is an investment holding company engaged in the provision of demolition services. The Group is a demolition services provider in Singapore, which also sells salvage materials removed from the demolition sites to third-party salvage buyers, deposits earth from earth providers at its demolition sites for landfilling purposes, and leases and sells machinery to third parties. The company derives a majority of its revenue from Singapore.
Executives
Lee Peck Kim 2202 Interest of your spouse
Tan Chee Beng 2201 Interest of corporation controlled by you
Tcb Investment Holdings Limited 2101 Beneficial owner
K Luxe Holdings Limited 2101 Beneficial owner
Cheung Kam Fai 2201 Interest of corporation controlled by you

Beng Soon Machinery Holdings Headlines

No Headlines