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OKG Technology Holdings (HKSE:01499) Liabilities-to-Assets : 0.82 (As of Sep. 2023)


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What is OKG Technology 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. OKG Technology Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$876.1 Mil. OKG Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$1,075.1 Mil. Therefore, OKG Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.82.


OKG Technology Holdings Liabilities-to-Assets Historical Data

The historical data trend for OKG Technology 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.

OKG Technology Holdings Liabilities-to-Assets Chart

OKG Technology Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.43 0.50 0.64 0.83 0.81

OKG Technology Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.62 0.83 0.87 0.81 0.82

Competitive Comparison of OKG Technology Holdings's Liabilities-to-Assets

For the Engineering & Construction subindustry, OKG Technology 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.


OKG Technology Holdings's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, OKG Technology Holdings's Liabilities-to-Assets distribution charts can be found below:

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



OKG Technology 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.

OKG Technology Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=896.599/1105.194
=0.81

OKG Technology Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=876.146/1075.068
=0.81

* 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.


OKG Technology Holdings  (HKSE:01499) 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.


OKG Technology Holdings Liabilities-to-Assets Related Terms

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OKG Technology Holdings (HKSE:01499) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Okc Holdings Corporation 2101 Beneficial owner
Xu Mingxing 2201 Interest of corporation controlled by you

OKG Technology Holdings (HKSE:01499) Headlines

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