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Gain Plus Holdings (HKSE:09900) Liabilities-to-Assets : 0.24 (As of Sep. 2023)


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What is Gain Plus 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. Gain Plus Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was HK$97 Mil. Gain Plus Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$402 Mil. Therefore, Gain Plus Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.24.


Gain Plus Holdings Liabilities-to-Assets Historical Data

The historical data trend for Gain Plus 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.

Gain Plus Holdings Liabilities-to-Assets Chart

Gain Plus Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.43 0.36 0.26 0.29 0.22

Gain Plus Holdings Semi-Annual Data
Mar16 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 0.43 0.29 0.24 0.22 0.24

Competitive Comparison of Gain Plus Holdings's Liabilities-to-Assets

For the Engineering & Construction subindustry, Gain Plus 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.


Gain Plus Holdings's Liabilities-to-Assets Distribution in the Construction Industry

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

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



Gain Plus 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.

Gain Plus 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
=80.1/368.235
=0.22

Gain Plus 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
=97.297/401.746
=0.24

* 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.


Gain Plus Holdings  (HKSE:09900) 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.


Gain Plus Holdings Liabilities-to-Assets Related Terms

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Gain Plus Holdings (HKSE:09900) Business Description

Traded in Other Exchanges
N/A
Address
39 Lung Sum Avenue, Unit 1323A, Level 13, Landmark North, Sheung Shui, The New Territories, Hong Kong, HKG
Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.
Executives
Universe King International Investment Limited 2101 Beneficial owner
Leung Wai Ling 2202 Interest of your spouse
Tsang Chiu Kwan 2201 Interest of corporation controlled by you
Giant Winchain Limited
Lai Wai Lam Ricky
Chu Siu Ping

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