Cathay Media And Education Group (HKSE:01981) Equity-to-Asset : 0.72 (As of Dec. 2023)

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What is Cathay Media And Education Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cathay Media And Education Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,423.5 Mil. Cathay Media And Education Group's Total Assets for the quarter that ended in Dec. 2023 was HK$3,366.9 Mil. Therefore, Cathay Media And Education Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

The historical rank and industry rank for Cathay Media And Education Group's Equity-to-Asset or its related term are showing as below:

HKSE:01981' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.71 Max: 0.8
Current: 0.72

During the past 7 years, the highest Equity to Asset Ratio of Cathay Media And Education Group was 0.80. The lowest was 0.65. And the median was 0.71.

HKSE:01981's Equity-to-Asset is ranked better than
79.93% of 269 companies
in the Education industry
Industry Median: 0.52 vs HKSE:01981: 0.72

Cathay Media And Education Group Equity-to-Asset Historical Data

The historical data trend for Cathay Media And Education Group's Equity-to-Asset 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.

Cathay Media And Education Group Equity-to-Asset Chart

Cathay Media And Education Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.71

0.80

0.69

0.76

0.72

Cathay Media And Education Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.69	0.86	0.76	0.84	0.72

Competitive Comparison of Cathay Media And Education Group's Equity-to-Asset

For the Education & Training Services subindustry, Cathay Media And Education Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Cathay Media And Education Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cathay Media And Education Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cathay Media And Education Group's Equity-to-Asset falls into.

Cathay Media And Education Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cathay Media And Education Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2423.532	/	3366.867
	=	0.72

Cathay Media And Education Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2423.532	/	3366.867
	=	0.72

Cathay Media And Education Group (HKSE:01981) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Cathay Media And Education Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cathay Media And Education Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Cathay Media And Education Group (HKSE:01981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cathay Media And Education Group Inc (HKSE:01981) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 93 Jianguo Road, 22nd Floor, Block 12, Wanda Plaza, Chaoyang District, Beijing, CHN

Website

http://www.cathaymedia.com

Cathay Media And Education Group Inc is a media group, engaged in TV/film production business and higher education business focused on media and arts. The company produces films, TV shows, Web films, and TV series. Its segments include TV/Film production and investment, and Education and training. The majority of the revenue is derived from the higher education segment.

Executives

Pu Shulin	2307 Founder of a discretionary trust who can infl
Luo Jacqueline	2202 Interest of your spouse
Cathay Media Holding Inc.	2101 Beneficial owner
Media One International (ptc) Limited	2301 Trustee
Winning Global Ventures Limited	2201 Interest of corporation controlled by you
Areo Holdings Limited	2201 Interest of corporation controlled by you
Highland Pines Limited	2101 Beneficial owner
Lam Lai Ming	2201 Interest of corporation controlled by you
Li Gabriel	2201 Interest of corporation controlled by you

Cathay Media And Education Group (HKSE:01981) Headlines

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