GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Television Holdings Ltd (HKSE:00707) » Definitions » Equity-to-Asset

Asia Television Holdings (HKSE:00707) Equity-to-Asset : -1.50 (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Asia Television Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Television Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$-299.5 Mil. Asia Television Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$199.7 Mil. Therefore, Asia Television Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -1.50.

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

HKSE:00707' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.07   Med: 0.31   Max: 0.74
Current: -3.07

During the past 13 years, the highest Equity to Asset Ratio of Asia Television Holdings was 0.74. The lowest was -3.07. And the median was 0.31.

HKSE:00707's Equity-to-Asset is ranked worse than
98.61% of 1079 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HKSE:00707: -3.07

Asia Television Holdings Equity-to-Asset Historical Data

The historical data trend for Asia Television 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.

Asia Television Holdings Equity-to-Asset Chart

Asia Television Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.16 -0.32 -1.44 -3.07

Asia Television Holdings 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 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 -0.32 -0.80 -1.44 -1.50 -3.07

Competitive Comparison of Asia Television Holdings's Equity-to-Asset

For the Textile Manufacturing subindustry, Asia Television 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.


Asia Television Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Television Holdings's Equity-to-Asset distribution charts can be found below:

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



Asia Television 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.

Asia Television Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-279.872/194.155
=-1.44

Asia Television Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-299.532/199.662
=-1.50

* 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.


Asia Television Holdings  (HKSE:00707) 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%.


Asia Television Holdings Equity-to-Asset Related Terms

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


Asia Television Holdings (HKSE:00707) Business Description

Traded in Other Exchanges
N/A
Address
14 Science Museum Road, Room 903, 9th Floor, Tower A, New Mandarin Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Television Holdings Ltd is an investment holding company. The company has six reportable operating segments: Processing, printing, and sales of finished fabrics and subcontracting services in the PRC; Trading of fabrics and clothing; Money lending; Securities investment; Media, cultural and entertainment; and Securities brokerage services and margin finance. The company generates a vast majority of its revenue from processing, printing, and sales of finished fabrics and subcontracting services in the PRC. Geographically, it has sales in the PRC, Malaysia, and Hong Kong.
Executives
Oriental Textlie Products Limited 2101 Beneficial owner
Liu Minbin 2101 Beneficial owner
Deng Jun Jie 2101 Beneficial owner
Build Rise Capital Group Limited 2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited 2101 Beneficial owner
Ma Fai 2201 Interest of corporation controlled by you
Honghu Capital Co. Ltd. 2101 Beneficial owner
Forward Fund Spc - Leader Sp 2101 Beneficial owner
Kkc Capital Limited 2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio 2101 Beneficial owner

Asia Television Holdings (HKSE:00707) Headlines

No Headlines