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Glory Health Industry (HKSE:02329) Liabilities-to-Assets : 0.78 (As of Dec. 2024)


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What is Glory Health Industry 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. Glory Health Industry's Total Liabilities for the quarter that ended in Dec. 2024 was HK$47,869 Mil. Glory Health Industry's Total Assets for the quarter that ended in Dec. 2024 was HK$61,076 Mil. Therefore, Glory Health Industry's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.78.


Glory Health Industry Liabilities-to-Assets Historical Data

The historical data trend for Glory Health Industry'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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Glory Health Industry Liabilities-to-Assets Chart

Glory Health Industry 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 0.78 0.75 0.75 0.76 0.78

Glory Health Industry 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 0.75 0.75 0.76 0.75 0.78

Competitive Comparison of Glory Health Industry's Liabilities-to-Assets

For the Real Estate - Development subindustry, Glory Health Industry'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.


Glory Health Industry's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Glory Health Industry's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Glory Health Industry's Liabilities-to-Assets falls into.


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Glory Health Industry 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.

Glory Health Industry'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
=47868.838/61075.837
=0.78

Glory Health Industry'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
=47868.838/61075.837
=0.78

* 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.


Glory Health Industry  (HKSE:02329) 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.


Glory Health Industry Liabilities-to-Assets Related Terms

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Glory Health Industry Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Yard, Chongwenmenwai Street, Building 1, East Block, Hademen Plaza, Dongcheng District, Beijing, CHN, 100062
Glory Health Industry Ltd formerly Guorui Properties Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the revenue of the company is derived from the PRC.
Executives
Alltogether Land Company Limited 2101 Beneficial owner
Ruan Wenjuan 2202 Interest of your spouse
Zhang Zhangsun 2201 Interest of corporation controlled by you

Glory Health Industry Headlines

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