Hong Kong Ferry (Holdings) Co (HKSE:00050) Equity-to-Asset : 0.96 (As of Dec. 2023)

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What is Hong Kong Ferry (Holdings) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hong Kong Ferry (Holdings) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,970.6 Mil. Hong Kong Ferry (Holdings) Co's Total Assets for the quarter that ended in Dec. 2023 was HK$7,289.3 Mil. Therefore, Hong Kong Ferry (Holdings) Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

The historical rank and industry rank for Hong Kong Ferry (Holdings) Co's Equity-to-Asset or its related term are showing as below:

HKSE:00050' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82 Med: 0.96 Max: 0.96
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Hong Kong Ferry (Holdings) Co was 0.96. The lowest was 0.82. And the median was 0.96.

HKSE:00050's Equity-to-Asset is ranked better than
97.44% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00050: 0.96

Hong Kong Ferry (Holdings) Co Equity-to-Asset Historical Data

The historical data trend for Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) Co Equity-to-Asset Chart

Hong Kong Ferry (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.96

Hong Kong Ferry (Holdings) Co 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															0.96	0.95	0.96	0.95	0.96

Competitive Comparison of Hong Kong Ferry (Holdings) Co's Equity-to-Asset

For the Real Estate - Diversified subindustry, Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hong Kong Ferry (Holdings) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hong Kong Ferry (Holdings) Co's Equity-to-Asset falls into.

Hong Kong Ferry (Holdings) 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.

Hong Kong Ferry (Holdings) 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
	=	6970.577	/	7289.271
	=	0.96

Hong Kong Ferry (Holdings) Co'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
	=	6970.577	/	7289.271
	=	0.96

Hong Kong Ferry (Holdings) Co (HKSE:00050) 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%.

Hong Kong Ferry (Holdings) Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hong Kong Ferry (Holdings) Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102

Website

https://www.hkf.com

Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Hong Kong Ferry (Holdings) Co (HKSE:00050) Headlines

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