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Inesa Intelligent Tech (SHSE:600602) Equity-to-Asset : 0.68 (As of Mar. 2024)


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What is Inesa Intelligent Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inesa Intelligent Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥4,669 Mil. Inesa Intelligent Tech's Total Assets for the quarter that ended in Mar. 2024 was ¥6,870 Mil. Therefore, Inesa Intelligent Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.68.

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

SHSE:600602' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.71   Max: 0.84
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Inesa Intelligent Tech was 0.84. The lowest was 0.60. And the median was 0.71.

SHSE:600602's Equity-to-Asset is ranked better than
69% of 2852 companies
in the Software industry
Industry Median: 0.55 vs SHSE:600602: 0.68

Inesa Intelligent Tech Equity-to-Asset Historical Data

The historical data trend for Inesa Intelligent Tech'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.

Inesa Intelligent Tech Equity-to-Asset Chart

Inesa Intelligent Tech 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 0.67 0.67 0.64 0.63 0.60

Inesa Intelligent Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 0.68 0.67 0.60 0.68

Competitive Comparison of Inesa Intelligent Tech's Equity-to-Asset

For the Software - Infrastructure subindustry, Inesa Intelligent Tech'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.


Inesa Intelligent Tech's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Inesa Intelligent Tech's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Inesa Intelligent Tech's Equity-to-Asset falls into.



Inesa Intelligent Tech 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.

Inesa Intelligent Tech'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
=4609.423/7749.995
=0.59

Inesa Intelligent Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=4669.452/6870.434
=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.


Inesa Intelligent Tech  (SHSE:600602) 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%.


Inesa Intelligent Tech Equity-to-Asset Related Terms

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Inesa Intelligent Tech (SHSE:600602) Business Description

Traded in Other Exchanges
Address
No. 200 Zhang Heng Road, Zhangjiang Hi-Tech Park, Building 1, 2nd Floor, Pudong New Area, Shanghai, CHN
Inesa Intelligent Tech Inc is an information technology company. It is a cloud computing and big data, business intelligence solutions and products for the core business of specialized information technology services company.

Inesa Intelligent Tech (SHSE:600602) Headlines

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