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Well Link Securities Holdings (HKSE:08350) Liabilities-to-Assets : 0.87 (As of Jun. 2024)


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What is Well Link Securities 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. Well Link Securities Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was HK$45.46 Mil. Well Link Securities Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$51.99 Mil. Therefore, Well Link Securities Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.87.


Well Link Securities Holdings Liabilities-to-Assets Historical Data

The historical data trend for Well Link Securities 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.

Well Link Securities Holdings Liabilities-to-Assets Chart

Well Link Securities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.38 0.56 0.76 1.02 0.89

Well Link Securities 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 - 0.98 - 0.89 0.87

Competitive Comparison of Well Link Securities Holdings's Liabilities-to-Assets

For the Capital Markets subindustry, Well Link Securities 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.


Well Link Securities Holdings's Liabilities-to-Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Well Link Securities Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Well Link Securities 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.

Well Link Securities 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
=64.021/71.674
=0.89

Well Link Securities 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
=45.456/51.988
=0.87

* 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.


Well Link Securities Holdings  (HKSE:08350) 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.


Well Link Securities Holdings Liabilities-to-Assets Related Terms

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Well Link Securities Holdings Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 1113-1115, 11th floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
Well Link Securities Holdings Ltd is a company that mainly provide brokerage services for futures, securities and options traded on the exchanges in Hong Kong, the United States, Japan, Singapore and the United Kingdom. The company also provides margin financing business and money lending business. It has two segments: Brokerage services, margin financing and related advisory services and Money lending, out of which maximum revenue is derived from Brokerage services, margin financing and related advisory services.
Executives
Well Link Fintech Holdings Limited 2101 Beneficial owner
Xu Chujia 2201 Interest of corporation controlled by you
Xu Chujia 2201 Interest of corporation controlled by you
Chan Ying Leung 2103 Interests held jointly with another person
Poon Kwok Wah Allan 2103 Interests held jointly with another person

Well Link Securities Holdings Headlines

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