The Hongkong and Shanghai Hotels (HKSE:00045) Equity-to-Asset : 0.63 (As of Dec. 2023)

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What is The Hongkong and Shanghai Hotels Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Hongkong and Shanghai Hotels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$36,279 Mil. The Hongkong and Shanghai Hotels's Total Assets for the quarter that ended in Dec. 2023 was HK$57,869 Mil. Therefore, The Hongkong and Shanghai Hotels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

HKSE:00045' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.74 Max: 0.82
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of The Hongkong and Shanghai Hotels was 0.82. The lowest was 0.63. And the median was 0.74.

HKSE:00045's Equity-to-Asset is ranked better than
69.44% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs HKSE:00045: 0.63

The Hongkong and Shanghai Hotels Equity-to-Asset Historical Data

The historical data trend for The Hongkong and Shanghai Hotels'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.

The Hongkong and Shanghai Hotels Equity-to-Asset Chart

The Hongkong and Shanghai Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.74

0.69

0.66

0.64

0.63

The Hongkong and Shanghai Hotels Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.66	0.66	0.64	0.62	0.63

Competitive Comparison of The Hongkong and Shanghai Hotels's Equity-to-Asset

For the Lodging subindustry, The Hongkong and Shanghai Hotels'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.

The Hongkong and Shanghai Hotels's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Hongkong and Shanghai Hotels's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Hongkong and Shanghai Hotels's Equity-to-Asset falls into.

The Hongkong and Shanghai Hotels 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.

The Hongkong and Shanghai Hotels'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
	=	36279	/	57869
	=	0.63

The Hongkong and Shanghai Hotels'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
	=	36279	/	57869
	=	0.63

The Hongkong and Shanghai Hotels (HKSE:00045) 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%.

The Hongkong and Shanghai Hotels Equity-to-Asset Related Terms

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The Hongkong and Shanghai Hotels (HKSE:00045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Hongkong and Shanghai Hotels Ltd (HKSE:00045) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

HKSHY:USA HKSHF:USA HSG:Germany

Address

2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG

Website

https://www.hshgroup.com

The Hongkong and Shanghai Hotels Ltd is a hotel owner and operator, domiciled in Hong Kong. The company organises itself into three segments: hotels, commercial properties, and clubs and services. The hotel's segment, which contributes the vast majority of consolidated revenue, includes the company's hotel operations under The Peninsula brand in major cities across the globe, the most significant of which is The Peninsula Hong Kong. The commercial properties segment leases office buildings, residential apartments and retail spaces. Clubs and services operate golf courses, wholesales food, and provides laundry services. Geographically, domestic operations are the most significant contributor to company revenue, followed by Other Asia, and the U.S. and Europe.

The Hongkong and Shanghai Hotels (HKSE:00045) Headlines

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