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Broadway Industrial Group (SGX:B69) Liabilities-to-Assets : 0.55 (As of Dec. 2023)


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What is Broadway Industrial Group 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. Broadway Industrial Group's Total Liabilities for the quarter that ended in Dec. 2023 was S$108.4 Mil. Broadway Industrial Group's Total Assets for the quarter that ended in Dec. 2023 was S$197.2 Mil. Therefore, Broadway Industrial Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.55.


Broadway Industrial Group Liabilities-to-Assets Historical Data

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Liabilities-to-Assets Chart

Broadway Industrial Group 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 0.68 0.62 0.62 0.43 0.55

Broadway Industrial Group 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 0.62 0.57 0.43 0.46 0.55

Competitive Comparison of Broadway Industrial Group's Liabilities-to-Assets

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group's Liabilities-to-Assets Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Liabilities-to-Assets falls into.



Broadway Industrial Group 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.

Broadway Industrial Group'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
=108.361/197.223
=0.55

Broadway Industrial Group'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
=108.361/197.223
=0.55

* 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.


Broadway Industrial Group  (SGX:B69) 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.


Broadway Industrial Group Liabilities-to-Assets Related Terms

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Broadway Industrial Group (SGX:B69) Business Description

Traded in Other Exchanges
N/A
Address
202 Kallang Bahru, 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is the manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the global hard disk drive (HDD) industry. HDD segment comprises the manufacturing and distribution of actuator arms and related assembly for the hard disk industry. The robotics segment comprises the provision of technical services, technology transfer, technology development, technology promotion, technical consultation and sales of robots, software and accessory devices for the robotics, manufacturing, and services industries. Other segment comprises the investment holding.

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