The historical rank and industry rank for YH Entertainment Group's Equity-to-Asset or its related term are showing as below:
HKSE:02306'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09 Med: 0.19 Max: 0.65
Current: 0.65
During the past 5 years, the highest Equity to Asset Ratio of YH Entertainment Group was 0.65. The lowest was -0.09. And the median was 0.19.
HKSE:02306's Equity-to-Asset is ranked better than 68.35% of 1052
companies
in the Media - Diversified industry
Industry Median: 0.52
vs HKSE:02306: 0.65
YH Entertainment Group Equity-to-Asset Historical Data
The historical data trend for YH Entertainment 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.
Competitive Comparison of YH Entertainment Group's Equity-to-Asset
For the Entertainment subindustry, YH Entertainment 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.
YH Entertainment Group's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, YH Entertainment Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where YH Entertainment Group's Equity-to-Asset falls into.
YH Entertainment 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.
YH Entertainment Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
YH Entertainment Group (HKSE:02306) 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%.
YH Entertainment Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of YH Entertainment Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
YH Entertainment Group (HKSE:02306) Business Description
YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform comprising three complementary business segments artist management, music IP production and operation, and pan-entertainment business. The artist management business, provides services to customers, including corporate customers, media platforms, content producers, and advertising agencies, by arranging for managed artists to participate in commercial activities and perform in movies, drama series, and a variety of programs. With the music IP production and operation business, the company licenses the music IPs in the library to music streaming platforms and other music service providers for licensing fees and sells digital and physical copies of music IPs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02306 has been successfully added to your