What is the level of liabilities of Grand Ocean Advanced Resources Co this year?
Grand Ocean Advanced Resources Co has a debt balance of 168.63 M HKD this year.
In 2024, Grand Ocean Advanced Resources Co's total liabilities amounted to 168.63 M HKD, a -7.46% difference from the 182.23 M HKD total liabilities in the previous year.
Grand Ocean Advanced Resources Co's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Grand Ocean Advanced Resources Co's financial stability, operational efficiency, and long-term viability.
By comparing Grand Ocean Advanced Resources Co's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Grand Ocean Advanced Resources Co's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Shifts in Grand Ocean Advanced Resources Co’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Grand Ocean Advanced Resources Co has a debt balance of 168.63 M HKD this year.
The liabilities of Grand Ocean Advanced Resources Co have increased by -7.46% dropped compared to the previous year.
High liabilities can pose a risk for investors of Grand Ocean Advanced Resources Co, as they can weaken the company's financial position and impair its ability to meet its obligations.
Low liabilities mean that Grand Ocean Advanced Resources Co has a strong financial position and is able to meet its obligations without overburdening its finances.
An increase in liabilities of Grand Ocean Advanced Resources Co can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
A decrease in the liabilities of Grand Ocean Advanced Resources Co can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
Some factors that can influence the liabilities of Grand Ocean Advanced Resources Co include investments, acquisitions, operating costs, and sales development.
The liabilities of Grand Ocean Advanced Resources Co are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
To change its liabilities, Grand Ocean Advanced Resources Co can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
Over the past 12 months, Grand Ocean Advanced Resources Co paid a dividend of 0.03 HKD . This corresponds to a dividend yield of about 9.15 %. For the coming 12 months, Grand Ocean Advanced Resources Co is expected to pay a dividend of 0 HKD.
The current dividend yield of Grand Ocean Advanced Resources Co is 9.15 %.
Grand Ocean Advanced Resources Co pays a quarterly dividend. This is distributed in the months of November, October, October, October.
Grand Ocean Advanced Resources Co paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.
Grand Ocean Advanced Resources Co is assigned to the 'Energy' sector.
To receive the latest dividend of Grand Ocean Advanced Resources Co from 10/3/2013 amounting to 0.007 HKD, you needed to have the stock in your portfolio before the ex-date on 9/19/2013.
The last dividend was paid out on 10/3/2013.
In the year 2023, Grand Ocean Advanced Resources Co distributed 0 HKD as dividends.
The dividends of Grand Ocean Advanced Resources Co are distributed in HKD.
Our stock analysis for Grand Ocean Advanced Resources Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grand Ocean Advanced Resources Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.