GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fire Rock Holdings Ltd (HKSE:01909) » Definitions » Liabilities-to-Assets

Fire Rock Holdings (HKSE:01909) Liabilities-to-Assets : 0.13 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Fire Rock 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. Fire Rock Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$20.6 Mil. Fire Rock Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$160.9 Mil. Therefore, Fire Rock Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.13.


Fire Rock Holdings Liabilities-to-Assets Historical Data

The historical data trend for Fire Rock 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.

Fire Rock Holdings Liabilities-to-Assets Chart

Fire Rock 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 0.11 0.10 2.15 3.22 0.13

Fire Rock Holdings Semi-Annual Data
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 2.15 3.30 3.22 - 0.13

Competitive Comparison of Fire Rock Holdings's Liabilities-to-Assets

For the Electronic Gaming & Multimedia subindustry, Fire Rock 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.


Fire Rock Holdings's Liabilities-to-Assets Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fire Rock Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Fire Rock 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.

Fire Rock 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
=20.552/160.873
=0.13

Fire Rock 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
=20.552/160.873
=0.13

* 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.


Fire Rock Holdings  (HKSE:01909) 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.


Fire Rock Holdings Liabilities-to-Assets Related Terms

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


Fire Rock Holdings (HKSE:01909) Business Description

Traded in Other Exchanges
N/A
Address
20 Science Park Road, Unit 02–25 Teletech Park, Singapore, SGP, 117674
Fire Rock Holdings Ltd is an investment holding company engaged in the development of browser and mobile games. It is also involved in game design, programming, and graphics and licensing game products to other game operators. Its segments are Game & software development and Game operation. The company offers games in different language versions. The games of the company include g-game, number drop, kings and legends, heroines of three kingdoms and hero's crown, and much more. Its geographical segments are the People's Republic of China, Europe, Asia Pacific, and North America.
Executives
Zhang Yan 2201 Interest of corporation controlled by you
Sulfulon International Limited 2101 Beneficial owner
Hu Po 2101 Beneficial owner
Zhang Xiongfeng 2101 Beneficial owner

Fire Rock Holdings (HKSE:01909) Headlines

No Headlines