The historical rank and industry rank for Alpha Technology Group's Equity-to-Asset or its related term are showing as below:
ATGL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.64 Med: -0.33 Max: 0.48
Current: 0.48
During the past 3 years, the highest Equity to Asset Ratio of Alpha Technology Group was 0.48. The lowest was -0.64. And the median was -0.33.
ATGL's Equity-to-Asset is ranked worse than 57.5% of 2847
companies
in the Software industry
Industry Median: 0.54
vs ATGL: 0.48
Alpha Technology Group Equity-to-Asset Historical Data
The historical data trend for Alpha Technology 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.
Alpha Technology Group Equity-to-Asset Chart
Alpha Technology Group Annual Data
Trend
Sep21
Sep22
Sep23
Equity-to-Asset
-0.33
-0.64
0.48
Alpha Technology Group Semi-Annual Data
Sep21
Mar22
Sep22
Mar23
Sep23
Equity-to-Asset
-0.33
-
-0.64
0.54
0.48
Competitive Comparison of Alpha Technology Group's Equity-to-Asset
For the Software - Infrastructure subindustry, Alpha Technology 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.
Alpha Technology Group's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Alpha Technology Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alpha Technology Group's Equity-to-Asset falls into.
Alpha Technology 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.
Alpha Technology Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 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.
Alpha Technology Group (NAS:ATGL) 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%.
Alpha Technology Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Alpha Technology Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Alpha Technology Group (Alpha Technology Group) Business Description
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.
Alpha Technology Group (Alpha Technology Group) Headlines
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