Ares Asia (HKSE:00645) Total Liabilities : HK$7.0 Mil (As of Sep. 2024)

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What is Ares Asia Total Liabilities?

Ares Asia's Total Liabilities for the quarter that ended in Sep. 2024 was HK$7.0 Mil.

Ares Asia's quarterly Total Liabilities declined from Sep. 2023 (HK$40.52 Mil) to Mar. 2024 (HK$6.77 Mil) but then increased from Mar. 2024 (HK$6.77 Mil) to Sep. 2024 (HK$6.95 Mil).

Ares Asia's annual Total Liabilities declined from Mar. 2022 (HK$121.79 Mil) to Mar. 2023 (HK$85.91 Mil) and declined from Mar. 2023 (HK$85.91 Mil) to Mar. 2024 (HK$6.77 Mil).

Ares Asia Total Liabilities Historical Data

The historical data trend for Ares Asia's Total Liabilities 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.

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Ares Asia Total Liabilities Chart

Ares Asia Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Liabilities

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128.40

282.79

121.79

85.91

6.77

Ares Asia Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Liabilities	Get a 7-Day Free Trial															40.31	85.91	40.52	6.77	6.95

Ares Asia Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Ares Asia's Total Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6.767	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	6.8

Total Liabilities	=	Total Assets (A: Mar. 2024 )	-	Total Equity (A: Mar. 2024 )
	=	61.199	-	54.432
	=	6.8

Ares Asia's Total Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6.015	+	(0.935	+	4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	7.0

Total Liabilities	=	Total Assets (Q: Sep. 2024 )	-	Total Equity (Q: Sep. 2024 )
	=	56.08	-	49.13
	=	7.0

Ares Asia Total Liabilities Related Terms

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Ares Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Ares Asia Ltd (HKSE:00645) » Definitions » Total Liabilities

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.aresasialtd.com

Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.

Executives

Reignwood International Holdings Company Limited	2101 Beneficial owner
Ruayrungruang Chanchai	2201 Interest of corporation controlled by you

Ares Asia Headlines

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