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EFT Solutions Holdings (HKSE:08062) Liabilities-to-Assets : 0.17 (As of Sep. 2023)


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What is EFT Solutions 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. EFT Solutions Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$25.4 Mil. EFT Solutions Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$151.4 Mil. Therefore, EFT Solutions Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.17.


EFT Solutions Holdings Liabilities-to-Assets Historical Data

The historical data trend for EFT Solutions 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.

EFT Solutions Holdings Liabilities-to-Assets Chart

EFT Solutions Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.69 0.16 0.11 0.21 0.14

EFT Solutions Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.21 - 0.14 - 0.17

Competitive Comparison of EFT Solutions Holdings's Liabilities-to-Assets

For the Software - Infrastructure subindustry, EFT Solutions 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.


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

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

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



EFT Solutions 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.

EFT Solutions Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=20.35/145.303
=0.14

EFT Solutions Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=25.368/151.358
=0.17

* 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.


EFT Solutions Holdings  (HKSE:08062) 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.


EFT Solutions Holdings Liabilities-to-Assets Related Terms

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EFT Solutions Holdings (HKSE:08062) Business Description

Traded in Other Exchanges
N/A
Address
28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.
Executives
Lam Ching Man 2202 Interest of your spouse
Lo Chun Kit Andrew 2101 Beneficial owner
Lck Group Limited 2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

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