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Hoe Leong (SGX:H20) Liabilities-to-Assets : 0.43 (As of Dec. 2024)


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What is Hoe Leong 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. Hoe Leong's Total Liabilities for the quarter that ended in Dec. 2024 was S$19.26 Mil. Hoe Leong's Total Assets for the quarter that ended in Dec. 2024 was S$44.69 Mil. Therefore, Hoe Leong's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.43.


Hoe Leong Liabilities-to-Assets Historical Data

The historical data trend for Hoe Leong'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.

Hoe Leong Liabilities-to-Assets Chart

Hoe Leong Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.70 0.46 0.42 0.43

Hoe Leong Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.46 0.43 0.42 0.42 0.43

Competitive Comparison of Hoe Leong's Liabilities-to-Assets

For the Industrial Distribution subindustry, Hoe Leong'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.


Hoe Leong's Liabilities-to-Assets Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hoe Leong's Liabilities-to-Assets distribution charts can be found below:

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


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Hoe Leong 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.

Hoe Leong's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=19.257/44.685
=0.43

Hoe Leong's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=19.257/44.685
=0.43

* 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.


Hoe Leong  (SGX:H20) 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.


Hoe Leong Liabilities-to-Assets Related Terms

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Hoe Leong Business Description

Traded in Other Exchanges
N/A
Address
6 Clementi Loop, Singapore, SGP, 129814
Hoe Leong Corp Ltd is engaged in the designing, manufacturing, sale, and distribution of machinery parts and vessel chartering business. The operating segment of the company is Design and manufacture and Trading and distribution. The Design and manufacture segment, which is the key revenue driver for the company, is involved in the design, manufacture, and sale of equipment parts for heavy equipment and industrial machinery. Its Trading and distribution segment comprises trading and distribution of equipment parts for both heavy equipment and industrial machinery sourced from third parties.

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