GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Honbridge Holdings Ltd (HKSE:08137) » Definitions » Liabilities-to-Assets

Honbridge Holdings (HKSE:08137) Liabilities-to-Assets : 0.38 (As of Jun. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Honbridge 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. Honbridge Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was HK$2,634.6 Mil. Honbridge Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$6,898.8 Mil. Therefore, Honbridge Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.38.


Honbridge Holdings Liabilities-to-Assets Historical Data

The historical data trend for Honbridge 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.

Honbridge Holdings Liabilities-to-Assets Chart

Honbridge Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.39 0.36 0.38 0.38

Honbridge Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 0.37 - 0.38 0.38

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

For the Electrical Equipment & Parts subindustry, Honbridge 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.


Honbridge Holdings's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Honbridge Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Honbridge 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.

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

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2982.103/7956.082
=0.37

Honbridge Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=2634.613/6898.753
=0.38

* 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.


Honbridge Holdings  (HKSE:08137) 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.


Honbridge Holdings Liabilities-to-Assets Related Terms

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


Honbridge Holdings Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Unit 5402, 54th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Honbridge Holdings Ltd is a Hong Kong-based company mainly involved in mineral resources exploration and lithium battery production. The company reports in three segments that are Mineral resources exploration and trading, which includes research and exploration of mineral resources and trading of copper and steel; Lithium battery production, which is into production and sale of lithium battery; and Online car-hailing and related services segment. The vast majority of the revenue is generated from the Lithium battery production segment. The company operates in China, Belgium, and Sweden, out of which China accounts for the majority of the revenue.
Executives
Li Shu Fu 2201 Interest of corporation controlled by you
Geely Group Limited 2201 Interest of corporation controlled by you
Foo Yatyan 2202 Interest of your spouse
Hong Bridge Capital Limited 2101 Beneficial owner
Li Xingxing 2201 Interest of corporation controlled by you
Li Shu Fu 2201 Interest of corporation controlled by you
Geely International (hong Kong) Limited 2101 Beneficial owner
Zhejiang Geely Holding Group Company Limited 2201 Interest of corporation controlled by you
He Xuechu 2201 Interest of corporation controlled by you

Honbridge Holdings Headlines

No Headlines