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Cornerstone Technologies Holdings (HKSE:08391) Liabilities-to-Assets : 0.52 (As of Dec. 2023)


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What is Cornerstone Technologies 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. Cornerstone Technologies Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$114.7 Mil. Cornerstone Technologies Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$220.1 Mil. Therefore, Cornerstone Technologies Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.52.


Cornerstone Technologies Holdings Liabilities-to-Assets Historical Data

The historical data trend for Cornerstone Technologies 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.

Cornerstone Technologies Holdings Liabilities-to-Assets Chart

Cornerstone Technologies Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.21 0.41 0.64 0.70 0.52

Cornerstone Technologies Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.70 - 0.59 - 0.52

Competitive Comparison of Cornerstone Technologies Holdings's Liabilities-to-Assets

For the Specialty Business Services subindustry, Cornerstone Technologies 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.


Cornerstone Technologies Holdings's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cornerstone Technologies Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Cornerstone Technologies 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.

Cornerstone Technologies 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
=114.704/220.14
=0.52

Cornerstone Technologies Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=114.704/220.14
=0.52

* 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.


Cornerstone Technologies Holdings  (HKSE:08391) 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.


Cornerstone Technologies Holdings Liabilities-to-Assets Related Terms

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Cornerstone Technologies Holdings (HKSE:08391) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG
Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider which principally engages in the provisions of printing, typesetting and translation services in Hong Kong. The group is also engaged in supplying EV integrated charging solutions, including central management system, hub for e-payment, load management system and license plate recognition system to electric vehicle and smart parking. It derives prime revenue from the Printing business.
Executives
Wu Jianwei 2101 Beneficial owner
Liang Zihao 2101 Beneficial owner
Global Fortune Global Limited 2101 Beneficial owner
Tanner Enterprises Group Limited 2201 Interest of corporation controlled by you
Glorytwin Limited 2101 Beneficial owner
Wu Yanyan 2101 Beneficial owner
Li Man Keung Edwin 2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited 2102 Investment manager
Gaw Growth Equity Fund I Gp Limited 2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp 2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd. 2201 Interest of corporation controlled by you
Lau Wai Yan Lawson 2101 Beneficial owner

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