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Best Linking Group Holdings (HKSE:09882) Liabilities-to-Assets : 0.20 (As of Jun. 2023)


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What is Best Linking Group 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. Best Linking Group Holdings's Total Liabilities for the quarter that ended in Jun. 2023 was HK$33.7 Mil. Best Linking Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$172.6 Mil. Therefore, Best Linking Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.20.


Best Linking Group Holdings Liabilities-to-Assets Historical Data

The historical data trend for Best Linking Group 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.

Best Linking Group Holdings Liabilities-to-Assets Chart

Best Linking Group Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.09 0.06 0.10 0.04 0.10

Best Linking Group Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.04 - 0.20 0.10

Competitive Comparison of Best Linking Group Holdings's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Best Linking Group 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.


Best Linking Group Holdings's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

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



Best Linking Group 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.

Best Linking Group 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
=17.197/164.857
=0.10

Best Linking Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=33.719/172.619
=0.20

* 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.


Best Linking Group Holdings  (HKSE:09882) 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.


Best Linking Group Holdings Liabilities-to-Assets Related Terms

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Best Linking Group Holdings (HKSE:09882) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Gongye 2nd Cross Road, Tutang 2nd Industrial Zone, Changping, Guangdong, Dongguan, CHN
Best Linking Group Holdings Ltd is a slewing ring manufacturer in China. These slewing rings have applications in the areas of construction machinery and equipment, wind turbines, military equipment, and robotics. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Hong Kong, Japan, United States, China, Taiwan, Canada, Northern Island, Thailand, and other countries.
Executives
C Centrum Holdings Limited 2101 Beneficial owner
Chan Yuk Pan 2201 Interest of corporation controlled by you
Leung Tak Yee 2202 Interest of your spouse

Best Linking Group Holdings (HKSE:09882) Headlines

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