Garden Stage (Garden Stage) Equity-to-Asset : 0.25 (As of Sep. 2023)

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What is Garden Stage Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Garden Stage's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $2.00 Mil. Garden Stage's Total Assets for the quarter that ended in Sep. 2023 was $8.08 Mil. Therefore, Garden Stage's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.25.

The historical rank and industry rank for Garden Stage's Equity-to-Asset or its related term are showing as below:

GSIW' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.04 Max: 0.25
Current: 0.25

During the past 3 years, the highest Equity to Asset Ratio of Garden Stage was 0.25. The lowest was -0.03. And the median was 0.04.

GSIW's Equity-to-Asset is ranked worse than
69.39% of 807 companies
in the Capital Markets industry
Industry Median: 0.5 vs GSIW: 0.25

Garden Stage Equity-to-Asset Historical Data

The historical data trend for Garden Stage'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.

Garden Stage Equity-to-Asset Chart

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.04

0.01

0.15

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.01	-0.03	0.15	0.25

Competitive Comparison of Garden Stage's Equity-to-Asset

For the Capital Markets subindustry, Garden Stage'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.

Garden Stage's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Garden Stage's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Garden Stage's Equity-to-Asset falls into.

Garden Stage 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.

Garden Stage's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.947	/	13.131
	=	0.15

Garden Stage's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.997	/	8.079
	=	0.25

Garden Stage (NAS:GSIW) 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%.

Garden Stage Equity-to-Asset Related Terms

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Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.