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Wasu Media Holding Co (SZSE:000156) Equity-to-Asset : 0.52 (As of Mar. 2024)


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What is Wasu Media Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wasu Media Holding Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥14,923 Mil. Wasu Media Holding Co's Total Assets for the quarter that ended in Mar. 2024 was ¥28,858 Mil. Therefore, Wasu Media Holding Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.52.

The historical rank and industry rank for Wasu Media Holding Co's Equity-to-Asset or its related term are showing as below:

SZSE:000156' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.68   Max: 0.74
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Wasu Media Holding Co was 0.74. The lowest was 0.39. And the median was 0.68.

SZSE:000156's Equity-to-Asset is ranked better than
51.47% of 1051 companies
in the Media - Diversified industry
Industry Median: 0.52 vs SZSE:000156: 0.52

Wasu Media Holding Co Equity-to-Asset Historical Data

The historical data trend for Wasu Media Holding Co'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.

Wasu Media Holding Co Equity-to-Asset Chart

Wasu Media Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.57 0.55 0.54 0.51

Wasu Media Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.54 0.54 0.51 0.51 0.52

Competitive Comparison of Wasu Media Holding Co's Equity-to-Asset

For the Entertainment subindustry, Wasu Media Holding Co'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.


Wasu Media Holding Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wasu Media Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wasu Media Holding Co's Equity-to-Asset falls into.



Wasu Media Holding Co 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.

Wasu Media Holding Co'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
=14822.222/29280.202
=0.51

Wasu Media Holding Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=14923.111/28858.027
=0.52

* 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.


Wasu Media Holding Co  (SZSE:000156) 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%.


Wasu Media Holding Co Equity-to-Asset Related Terms

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Wasu Media Holding Co (SZSE:000156) Business Description

Traded in Other Exchanges
N/A
Address
3850 Jiangnan Road, Room 1505, 15th Floor, Innovation Building, Zhejiang Province, Hangzhou, CHN, 310052
Wasu Media Holding Co Ltd is a China-based company, engages in the Internet, media, and cable television industry services. It offers interactive TV, mobile TV, Internet TV and Internet audio-visual content, technical services, and operations. It also offers cable television, digital television network, digital communications, advertising, and media information services. The company operates throughout China.
Executives
Cao Yan Ming Executives
Yuan Fen Supervisors

Wasu Media Holding Co (SZSE:000156) Headlines

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