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FriendTimes (HKSE:06820) Liabilities-to-Assets : 0.18 (As of Dec. 2024)


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What is FriendTimes 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. FriendTimes's Total Liabilities for the quarter that ended in Dec. 2024 was HK$269 Mil. FriendTimes's Total Assets for the quarter that ended in Dec. 2024 was HK$1,497 Mil. Therefore, FriendTimes's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.18.


FriendTimes Liabilities-to-Assets Historical Data

The historical data trend for FriendTimes'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.

FriendTimes Liabilities-to-Assets Chart

FriendTimes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.13 0.09 0.07 0.18 0.18

FriendTimes Semi-Annual Data
Dec16 Dec17 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 0.07 0.09 0.18 0.18 0.18

Competitive Comparison of FriendTimes's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, FriendTimes'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.


FriendTimes's Liabilities-to-Assets Distribution in the Interactive Media Industry

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

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


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FriendTimes 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.

FriendTimes'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
=269.48/1497.384
=0.18

FriendTimes'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
=269.48/1497.384
=0.18

* 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.


FriendTimes  (HKSE:06820) 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.


FriendTimes Liabilities-to-Assets Related Terms

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FriendTimes Business Description

Traded in Other Exchanges
N/A
Address
No 68 Qitai Road, FriendTimes Building, Suzhou Industrial Park, Jiangsu Province, CHN
FriendTimes Inc mobile game developer, publisher, and operator. It conducts online games business through Operating Entities. The group has successfully launched Legend of Empress, Fate: Royal Revenge, Royal Chaos, Rise of Queendom, and other flagship products. It generates revenue through China.
Executives
Jiang Xiaohuang 2201 Interest of corporation controlled by you
Mao Yuyan 2202 Interest of your spouse
Friends Together Holdings Limited 2101 Beneficial owner
Tmf Trust (hk) Limited 2301 Trustee
Gorgeous Sunshine Holding Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Friends Fruit Holdings Limited 2201 Interest of corporation controlled by you
Gic Private Limited 2102 Investment manager
Eternal Heart Holdings Limited 2101 Beneficial owner
Future Wisdom Holdings Limited 2201 Interest of corporation controlled by you
Ling Long Holdings Limited 2101 Beneficial owner
Warm Sunshine Holdings Limited 2101 Beneficial owner
Purple Crystal Holdings Limited 2101 Beneficial owner
Purple Dream Holdings Limited 2201 Interest of corporation controlled by you

FriendTimes Headlines

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