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Forise International (SGX:8A1) Liabilities-to-Assets : 0.25 (As of Jun. 2024)


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What is Forise International 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. Forise International's Total Liabilities for the quarter that ended in Jun. 2024 was S$0.24 Mil. Forise International's Total Assets for the quarter that ended in Jun. 2024 was S$0.96 Mil. Therefore, Forise International's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.25.


Forise International Liabilities-to-Assets Historical Data

The historical data trend for Forise International'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.

Forise International Liabilities-to-Assets Chart

Forise International 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 0.12 0.10 0.12 0.26 0.19

Forise International 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 0.11 0.26 0.39 0.19 0.25

Competitive Comparison of Forise International's Liabilities-to-Assets

For the Asset Management subindustry, Forise International'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.


Forise International's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Forise International's Liabilities-to-Assets distribution charts can be found below:

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



Forise International 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.

Forise International'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
=0.284/1.489
=0.19

Forise International'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
=0.235/0.956
=0.25

* 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.


Forise International  (SGX:8A1) 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.


Forise International Liabilities-to-Assets Related Terms

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Forise International Business Description

Traded in Other Exchanges
N/A
Address
15 Scotts Road, No. 04-08, Suite 22, 15 Scotts, Singapore, SGP, 228218
Forise International Ltd is a investment holding company. The company operates in three segments: Corporate Advisory, Management consultancy, and All other segments. Its solutions include strategic planning, corporate advisory, financial restructuring advisory, management consultancy services, commercial Factoring, and asset Management. The company's geographical segments are China, Singapore, Denmark, and the United Arab Emirates, of which the majority of its revenue comes from Singapore.

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