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Far East Group (SGX:5TJ) Liabilities-to-Assets : 0.65 (As of Jun. 2024)


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What is Far East Group 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. Far East Group's Total Liabilities for the quarter that ended in Jun. 2024 was S$76.41 Mil. Far East Group's Total Assets for the quarter that ended in Jun. 2024 was S$117.92 Mil. Therefore, Far East Group's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.65.


Far East Group Liabilities-to-Assets Historical Data

The historical data trend for Far East Group'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.

Far East Group Liabilities-to-Assets Chart

Far East Group 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 0.54 0.58 0.62 0.61 0.64

Far East Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.62 0.61 0.62 0.64 0.65

Competitive Comparison of Far East Group's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Far East Group'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.


Far East Group's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Far East Group's Liabilities-to-Assets falls into.



Far East Group 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.

Far East Group'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
=72.412/113.023
=0.64

Far East Group'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
=76.414/117.918
=0.65

* 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.


Far East Group  (SGX:5TJ) 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.


Far East Group Liabilities-to-Assets Related Terms

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Far East Group Business Description

Traded in Other Exchanges
N/A
Address
51 Ubi Avenue 3, Singapore, SGP, 408858
Far East Group Ltd is a Singapore-based company that operates in three segments: Engineering Solutions; Wholesale and Distribution, which accounts for the majority of revenue; and Manufacturing segment. The principal activities of the company are manufacturing and trading of refrigeration parts, servicing of cold rooms, construction and installation of commercial and industrial cold rooms, and all other incidental business of refrigeration. The company's products include air-conditioning materials, which mainly comprise copper pipes, copper tubes, and refrigerants, Its geographical segments are Singapore, Malaysia, Hong Kong/Macau/China, Indo-China, Indonesia, and Others.

Far East Group Headlines

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