GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Get Nice Holdings Ltd (HKSE:00064) » Definitions » Equity-to-Asset

Get Nice Holdings (HKSE:00064) Equity-to-Asset : 0.79 (As of Sep. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Get Nice Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Get Nice Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$5,839.6 Mil. Get Nice Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$7,380.9 Mil. Therefore, Get Nice Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.79.

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

HKSE:00064' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.72   Max: 0.83
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Get Nice Holdings was 0.83. The lowest was 0.66. And the median was 0.72.

HKSE:00064's Equity-to-Asset is ranked better than
72.21% of 806 companies
in the Capital Markets industry
Industry Median: 0.5 vs HKSE:00064: 0.79

Get Nice Holdings Equity-to-Asset Historical Data

The historical data trend for Get Nice Holdings'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.

Get Nice Holdings Equity-to-Asset Chart

Get Nice Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.76 0.74 0.73 0.78

Get Nice Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.70 0.73 0.75 0.78 0.79

Competitive Comparison of Get Nice Holdings's Equity-to-Asset

For the Capital Markets subindustry, Get Nice Holdings'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.


Get Nice Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

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

* The bar in red indicates where Get Nice Holdings's Equity-to-Asset falls into.



Get Nice Holdings 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.

Get Nice Holdings'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
=5835.498/7489.747
=0.78

Get Nice Holdings'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
=5839.646/7380.911
=0.79

* 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.


Get Nice Holdings  (HKSE:00064) 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%.


Get Nice Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Get Nice Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Get Nice Holdings (HKSE:00064) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen's Road Central, Ground Floor to 3rd Floor, Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Holdings Ltd is a holding company and its principal business activities are money lending, property development and holding, investment in financial instruments, real estate brokerage, and the provision of financial services. The company manages its business in six segments namely Broking, Securities margin financing, Money lending, Corporate finance, asset management, and Investments. The company generates the majority of its revenue from the Securities margin financing segment.

Get Nice Holdings (HKSE:00064) Headlines

No Headlines