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China Fortune Investments (Holding) (STU:NLY5) Liabilities-to-Assets : 0.09 (As of Jun. 2021)


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What is China Fortune Investments (Holding) 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. China Fortune Investments (Holding)'s Total Liabilities for the quarter that ended in Jun. 2021 was €1.30 Mil. China Fortune Investments (Holding)'s Total Assets for the quarter that ended in Jun. 2021 was €14.84 Mil. Therefore, China Fortune Investments (Holding)'s Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 was 0.09.


China Fortune Investments (Holding) Liabilities-to-Assets Historical Data

The historical data trend for China Fortune Investments (Holding)'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.

China Fortune Investments (Holding) Liabilities-to-Assets Chart

China Fortune Investments (Holding) Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.53 0.85 1.43 0.20

China Fortune Investments (Holding) Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 1.56 - 0.20 - 0.09

Competitive Comparison of China Fortune Investments (Holding)'s Liabilities-to-Assets

For the Specialty Retail subindustry, China Fortune Investments (Holding)'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.


China Fortune Investments (Holding)'s Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Fortune Investments (Holding)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where China Fortune Investments (Holding)'s Liabilities-to-Assets falls into.



China Fortune Investments (Holding) 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.

China Fortune Investments (Holding)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=3.346/17.194
=0.19

China Fortune Investments (Holding)'s Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 is calculated as

Liabilities-to-Assets (Q: Jun. 2021 )=Total Liabilities/Total Assets
=1.296/14.838
=0.09

* 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.


China Fortune Investments (Holding)  (STU:NLY5) 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.


China Fortune Investments (Holding) Liabilities-to-Assets Related Terms

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China Fortune Investments (Holding) (STU:NLY5) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Shops 212-213, 2nd Floor, Shun tak Centre, Sheung Wan, Hong Kong, HKG
China Fortune Investments (Holding) Ltd is an investment holding company, engages in the wholesale and retail of wines and cigars and golf products in Hong Kong. The company offers red wines, white wines, champagnes, whiskeys and other liquors and spirits; and golf-related products, such as golf clubs, balls, shoes, gloves, clothing and other accessories of various brands. It operates through the following segments: Sale of Wine and Cigar; Sale of Golf Products; Sale of Watch and Jewellery; Provision of Money Lending Services, and Others. The firm's Wine and Cigar segment generate major revenue for the firm.

China Fortune Investments (Holding) (STU:NLY5) Headlines

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