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G-Resources Group (HKSE:01051) Liabilities-to-Assets : 0.02 (As of Dec. 2023)


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What is G-Resources Group 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. G-Resources Group's Total Liabilities for the quarter that ended in Dec. 2023 was HK$244.3 Mil. G-Resources Group's Total Assets for the quarter that ended in Dec. 2023 was HK$12,247.7 Mil. Therefore, G-Resources Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.02.


G-Resources Group Liabilities-to-Assets Historical Data

The historical data trend for G-Resources Group'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.

G-Resources Group Liabilities-to-Assets Chart

G-Resources Group 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 0.04 0.04 0.03 0.04 0.02

G-Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.03 0.04 0.04 0.03 0.02

Competitive Comparison of G-Resources Group's Liabilities-to-Assets

For the Asset Management subindustry, G-Resources Group'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.


G-Resources Group's Liabilities-to-Assets Distribution in the Asset Management Industry

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

* The bar in red indicates where G-Resources Group's Liabilities-to-Assets falls into.



G-Resources Group 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.

G-Resources Group'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
=244.283/12247.664
=0.02

G-Resources Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=244.283/12247.664
=0.02

* 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.


G-Resources Group  (HKSE:01051) 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.


G-Resources Group Liabilities-to-Assets Related Terms

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G-Resources Group (HKSE:01051) Business Description

Traded in Other Exchanges
Address
No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG
G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.
Executives
Ortiz Espinosa Elvin Alan 2201 Interest of corporation controlled by you
Sprout Wings Limited 2201 Interest of corporation controlled by you
19 Growth Capital Fund Gp, Inc. 2201 Interest of corporation controlled by you
19 Growth Equity Fund, Lp 2101 Beneficial owner
Buckley John Paul 2201 Interest of corporation controlled by you
Zhang Zheng 2201 Interest of corporation controlled by you
Px Capital Management Ltd. 2201 Interest of corporation controlled by you
Px Capital Partners L.p. 2101 Beneficial owner
Px Global Advisors, Llc 2201 Interest of corporation controlled by you
Xie Pengfei 2201 Interest of corporation controlled by you

G-Resources Group (HKSE:01051) Headlines

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