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Sino Splendid Holdings (HKSE:08006) Liabilities-to-Assets : 0.39 (As of Dec. 2023)


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What is Sino Splendid 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. Sino Splendid Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was HK$33.52 Mil. Sino Splendid Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$85.10 Mil. Therefore, Sino Splendid Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.39.


Sino Splendid Holdings Liabilities-to-Assets Historical Data

The historical data trend for Sino Splendid 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.

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Sino Splendid Holdings Liabilities-to-Assets Chart

Sino Splendid 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 0.26 0.23 0.13 0.07 0.39

Sino Splendid Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.07 - 0.20 - 0.39

Competitive Comparison of Sino Splendid Holdings's Liabilities-to-Assets

For the Publishing subindustry, Sino Splendid 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.


Sino Splendid Holdings's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sino Splendid Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Sino Splendid 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.

Sino Splendid 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
=33.515/85.099
=0.39

Sino Splendid 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
=33.515/85.099
=0.39

* 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.


Sino Splendid Holdings  (HKSE:08006) 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.


Sino Splendid Holdings Liabilities-to-Assets Related Terms

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Sino Splendid Holdings (HKSE:08006) Business Description

Traded in Other Exchanges
N/A
Address
18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG
Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.
Executives
Niu Chengjun 2101 Beneficial owner

Sino Splendid Holdings (HKSE:08006) Headlines

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