National United Resources Holdings (HKSE:00254) Equity-to-Asset : 0.24 (As of Dec. 2023)

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What is National United Resources Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National United Resources Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$125.8 Mil. National United Resources Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$533.4 Mil. Therefore, National United Resources Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

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

HKSE:00254' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.79 Med: -1.19 Max: 0.45
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of National United Resources Holdings was 0.45. The lowest was -1.79. And the median was -1.19.

HKSE:00254's Equity-to-Asset is ranked worse than
81.3% of 1091 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:00254: 0.24

National United Resources Holdings Equity-to-Asset Historical Data

The historical data trend for National United Resources 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.

National United Resources Holdings Equity-to-Asset Chart

National United Resources Holdings Annual Data

Trend

Jun11

Jun12

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Equity-to-Asset

Get a 7-Day Free Trial

-0.99

-1.65

-1.64

-1.40

-1.53

National United Resources Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-1.57	-1.42	0.29	0.20	0.24

Competitive Comparison of National United Resources Holdings's Equity-to-Asset

For the Rental & Leasing Services subindustry, National United Resources 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.

National United Resources Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, National United Resources Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where National United Resources Holdings's Equity-to-Asset falls into.

National United Resources 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.

National United Resources Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )	=	Total Stockholders Equity	/	Total Assets
	=	-499.183	/	327.367
	=	-1.52

National United Resources Holdings'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
	=	125.813	/	533.43
	=	0.24

National United Resources Holdings (HKSE:00254) 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%.

National United Resources Holdings Equity-to-Asset Related Terms

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

National United Resources Holdings (HKSE:00254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG

Website

http://www.nur.com.hk

National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.

National United Resources Holdings (HKSE:00254) Headlines

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