GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gala Technology Holding Ltd (HKSE:02458) » Definitions » Liabilities-to-Assets

Gala Technology Holding (HKSE:02458) Liabilities-to-Assets : 0.40 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Gala Technology Holding 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. Gala Technology Holding's Total Liabilities for the quarter that ended in Dec. 2024 was HK$271.7 Mil. Gala Technology Holding's Total Assets for the quarter that ended in Dec. 2024 was HK$674.4 Mil. Therefore, Gala Technology Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.40.


Gala Technology Holding Liabilities-to-Assets Historical Data

The historical data trend for Gala Technology Holding'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.

Gala Technology Holding Liabilities-to-Assets Chart

Gala Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.41 0.63 0.67 0.37 0.40

Gala Technology Holding Semi-Annual Data
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 0.67 0.39 0.37 0.42 0.40

Competitive Comparison of Gala Technology Holding's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, Gala Technology Holding'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.


Gala Technology Holding's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gala Technology Holding's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Gala Technology Holding's Liabilities-to-Assets falls into.


;
;

Gala Technology Holding 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.

Gala Technology Holding'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
=271.701/674.356
=0.40

Gala Technology Holding'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
=271.701/674.356
=0.40

* 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.


Gala Technology Holding  (HKSE:02458) 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.


Gala Technology Holding Liabilities-to-Assets Related Terms

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


Gala Technology Holding Business Description

Traded in Other Exchanges
N/A
Address
66 Shuniu Street, 15th Floor, Qianhai CTF Finance Tower, Qianhai Shenzhen-Hong Kong Cooperation Zone, Nanshan Subdistrict, Shenzhen, CHN
Gala Technology Holding Ltd is a mobile game developer, publisher, and operator in China with a focus on mobile sports simulation games for world-wide markets. The overall online sports game market includes all sports-themed games accessible to users on the internet, whereas mobile sports simulation games refer specifically to online sports simulation games that are available on portable devices, such as tablets and smartphones. The Group's operations are operated and managed as a single segment, which is mobile sports game development, publishing and operation mainly in the PRC. The majority of revenue is from Web-based and mobile online game revenue.
Executives
Great Shine Holding Limited
High Triumph Holding Limited
Garena Ventures Private Limited 2101 Beneficial owner
Sea Limited 2201 Interest of corporation controlled by you
Crystal Pleasant Holding Limited
Easy Flourish Holding Limited
Jia Xiao Dong
Huang Xiang
Liu Cheng Min
Bei Jing Zhong Guan Cun Chuang Ye Tou Zi Fa Zhan You Xian Gong Si
Bei Jing Zhui Yuan Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Zhui Yuan Cai Fu Zi Ben He Huo Qi Ye You Xian He Huo
Su Zhou Fu De Bo Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo
Song Yu Bo
Lu Yao Ping

Gala Technology Holding Headlines

No Headlines