Solowin Holdings (Solowin Holdings) Equity-to-Asset : 0.65 (As of Sep. 2023)

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What is Solowin Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solowin Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.91 Mil. Solowin Holdings's Total Assets for the quarter that ended in Sep. 2023 was $16.90 Mil. Therefore, Solowin Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.65.

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

SWIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.23 Max: 0.65
Current: 0.65

During the past 3 years, the highest Equity to Asset Ratio of Solowin Holdings was 0.65. The lowest was 0.11. And the median was 0.23.

SWIN's Equity-to-Asset is ranked better than
61.34% of 807 companies
in the Capital Markets industry
Industry Median: 0.5 vs SWIN: 0.65

Solowin Holdings Equity-to-Asset Historical Data

The historical data trend for Solowin 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.

Solowin Holdings Equity-to-Asset Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.11

0.21

0.33

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.21	0.23	0.33	0.65

Competitive Comparison of Solowin Holdings's Equity-to-Asset

For the Capital Markets subindustry, Solowin 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.

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

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

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

Solowin 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.

Solowin 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
	=	3.341	/	10.227
	=	0.33

Solowin 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
	=	10.912	/	16.9
	=	0.65

Solowin Holdings (NAS:SWIN) 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%.

Solowin Holdings Equity-to-Asset Related Terms

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

Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

Solowin Holdings (Solowin Holdings) Headlines

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