GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Golik Holdings Ltd (HKSE:01118) » Definitions » Liabilities-to-Assets

Golik Holdings (HKSE:01118) Liabilities-to-Assets : 0.53 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Golik Holdings 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. Golik Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$1,532 Mil. Golik Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$2,919 Mil. Therefore, Golik Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.53.


Golik Holdings Liabilities-to-Assets Historical Data

The historical data trend for Golik Holdings'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.

Golik Holdings Liabilities-to-Assets Chart

Golik Holdings 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 0.59 0.55 0.59 0.58 0.53

Golik Holdings 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 0.59 0.62 0.58 0.57 0.53

Competitive Comparison of Golik Holdings's Liabilities-to-Assets

For the Steel subindustry, Golik Holdings'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.


Golik Holdings's Liabilities-to-Assets Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Golik Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Golik Holdings 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.

Golik Holdings'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
=1532.201/2919.328
=0.52

Golik Holdings'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
=1532.201/2919.328
=0.52

* 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.


Golik Holdings  (HKSE:01118) 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.


Golik Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Golik Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Golik Holdings (HKSE:01118) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG
Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.
Executives
Golik Investments Ltd.
Pang Tak Chung

Golik Holdings (HKSE:01118) Headlines

No Headlines