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Gogox Holdings (HKSE:02246) Liabilities-to-Assets : 0.52 (As of Dec. 2024)


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What is Gogox 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. Gogox Holdings's Total Liabilities for the quarter that ended in Dec. 2024 was HK$346.3 Mil. Gogox Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$663.2 Mil. Therefore, Gogox Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.52.


Gogox Holdings Liabilities-to-Assets Historical Data

The historical data trend for Gogox 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.

Gogox Holdings Liabilities-to-Assets Chart

Gogox Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial 2.11 2.28 0.23 0.45 0.52

Gogox Holdings Semi-Annual Data
Dec18 Dec19 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 0.23 0.34 0.45 0.46 0.52

Competitive Comparison of Gogox Holdings's Liabilities-to-Assets

For the Software - Application subindustry, Gogox 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.


Gogox Holdings's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Gogox Holdings's Liabilities-to-Assets distribution charts can be found below:

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


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Gogox 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.

Gogox Holdings'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
=346.25/663.15
=0.52

Gogox Holdings'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
=346.25/663.15
=0.52

* 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.


Gogox Holdings  (HKSE:02246) 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.


Gogox Holdings Liabilities-to-Assets Related Terms

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Gogox Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.7 Rongyuan Road, Room 212, Building C, Kaide Building Complex, Huayuan Industrial Park, Binhai Hi-tech Zone, Tianjin, CHN
Gogox Holdings Ltd is an online platform for intra-city logistics services in Asia. The company operates two brands in this space, namely Kuaigou Dache in mainland China and GOGOX in other Asian countries and regions. The company's reportable segments are divided into Chinese mainland operations, and Hong Kong and overseas operations.
Executives
Credit Suisse Trust Limited 2301 Trustee
Xinyi Limited 2201 Interest of corporation controlled by you
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
58.com Inc. 2101 Beneficial owner
Nihao China Corporation 2201 Interest of corporation controlled by you
Nihao Haven Corporation 2201 Interest of corporation controlled by you
Quantum Bloom Group Ltd. 2201 Interest of corporation controlled by you
Yao Jinbo 2201 Interest of corporation controlled by you
Chen Xiaohua 2201 Interest of corporation controlled by you
58 Daojia Inc. 2101 Beneficial owner
Gogo Tech Holdings Limited 2101 Beneficial owner

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