Tai Hing Group Holdings (HKSE:06811) Debt-to-Asset : 0.44 (As of Dec. 2023)

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What is Tai Hing Group Holdings Debt-to-Asset?

Tai Hing Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$383 Mil. Tai Hing Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$754 Mil. Tai Hing Group Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$2,582 Mil. Tai Hing Group Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.44.

Tai Hing Group Holdings Debt-to-Asset Historical Data

The historical data trend for Tai Hing Group Holdings's Debt-to-Asset 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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Tai Hing Group Holdings Debt-to-Asset Chart

Tai Hing Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.57

0.52

0.42

0.44

Tai Hing Group Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial									0.42	0.46	0.44	0.44	0.44

Competitive Comparison of Tai Hing Group Holdings's Debt-to-Asset

For the Restaurants subindustry, Tai Hing Group Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Tai Hing Group Holdings's Debt-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tai Hing Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tai Hing Group Holdings's Debt-to-Asset falls into.

Tai Hing Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tai Hing Group Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(382.928	+	753.921)	/	2581.624
	=	0.44

Tai Hing Group Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(382.928	+	753.921)	/	2581.624
	=	0.44

Tai Hing Group Holdings (HKSE:06811) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tai Hing Group Holdings Debt-to-Asset Related Terms

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Tai Hing Group Holdings (HKSE:06811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tai Hing Group Holdings Ltd (HKSE:06811) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hoi Wan Street, Quarry Bay, 13th Floor, Chinachem Exchange Square, Hong Kong, HKG

Website

https://www.taihing.com

Tai Hing Group Holdings Ltd is engaged in the management and operations of restaurants. The company's brand portfolio includes Hot Pot Couple, King Fong Bing Teng, and Asam Chicken Rice, which specialize in Taiwanese hotpots, sophisticated cha chaan teng cuisine, and Southeast Asian delights. Geographically, the firm has operational footprints in Hong Kong, Taiwan, Macau, and Mainland China.

Executives

Chan Wing On	2101 Beneficial owner
Leung Yi Ling	2202 Interest of your spouse
Jun Fa You Xian Gong Si	2101 Beneficial owner

Tai Hing Group Holdings (HKSE:06811) Headlines

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