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MicroCloud Hologram (MicroCloud Hologram) Equity-to-Asset : 0.68 (As of Jun. 2023)


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What is MicroCloud Hologram Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MicroCloud Hologram's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $23.88 Mil. MicroCloud Hologram's Total Assets for the quarter that ended in Jun. 2023 was $35.33 Mil. Therefore, MicroCloud Hologram's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.68.

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

HOLO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06   Med: 0.63   Max: 0.88
Current: 0.88

During the past 5 years, the highest Equity to Asset Ratio of MicroCloud Hologram was 0.88. The lowest was -0.06. And the median was 0.63.

HOLO's Equity-to-Asset is ranked better than
93.36% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs HOLO: 0.88

MicroCloud Hologram Equity-to-Asset Historical Data

The historical data trend for MicroCloud Hologram'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.

MicroCloud Hologram Equity-to-Asset Chart

MicroCloud Hologram Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.06 0.16 0.63 0.70 0.88

MicroCloud Hologram Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.80 0.70 0.68 0.68 0.88

Competitive Comparison of MicroCloud Hologram's Equity-to-Asset

For the Electronic Components subindustry, MicroCloud Hologram'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.


MicroCloud Hologram's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MicroCloud Hologram's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MicroCloud Hologram's Equity-to-Asset falls into.



MicroCloud Hologram 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.

MicroCloud Hologram'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
=19.764/22.487
=0.88

MicroCloud Hologram'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
=23.878/35.332
=0.68

* 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.


MicroCloud Hologram  (NAS:HOLO) 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%.


MicroCloud Hologram Equity-to-Asset Related Terms

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


MicroCloud Hologram (MicroCloud Hologram) Business Description

Traded in Other Exchanges
N/A
Address
Yuexing Sixth Road, Zhongkenaneng Building, Room 302, Building A, Nanshan District, Shenzhen, CHN, 518000
Website
MicroCloud Hologram Inc, through its subsidiaries, is mainly engaged in holographic Technology. It includes Holographic solutions, Holographic technology services. The company also provides holographic digital twin technology services for customers and has built a holographic digital twin technology resource library.
Executives
Belief Bi director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Maggie Wang director ROOM 302, BUILDING A, ZHONGKENANENG ,, YUEXING SIXTH ROAD, NANSHAN DISTRICT,, SHENZHEN F4 518063
Guohui Kang director, officer: CEO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Wei Peng director, 10 percent owner ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Tiger Initiative Investment Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Bei Zhen officer: CFO GOVERNORS SQUARE, SUITE #5-204, ,23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Mi Zhou director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Best Road Holdings Ltd 10 percent owner SERTUS CHAMBERS, P.O. BOX 905, QUASTISKY BUILDING, ROAD TOWN, TORTOLA D8 VG1110
Han Qin director GOVERNORS SQUARE, SUITE #5-204, 23 LIME TREE BAY AVENUE, P.O. BOX 2547, GRAND CAYMAN E9 KY1-1104
Jianbo Zhou officer: CTO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Guolong Qi officer: COO ROOM 302, BUILDING A ZHONGKENANENG, YUEXING SIXTH ROAD, SHENZHEN NANSHAN DISTRICT F4 518063
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Xu Zhang director 100 PARK AVENUE, NEW YORK NY 10017
Hai Lin director 100 PARK AVENUE, NEW YORK NY 10017
Shaosen Cheng director, officer: Chief Executive Officer 100 PARK AVENUE, NEW YORK NY 10017