GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Asia-Potash International Investment (Guangzhou) Co Ltd (SZSE:000893) » Definitions » Equity-to-Asset

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Equity-to-Asset : 0.69 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Asia-Potash International Investment (Guangzhou) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia-Potash International Investment (Guangzhou) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥11,290 Mil. Asia-Potash International Investment (Guangzhou) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥16,420 Mil. Therefore, Asia-Potash International Investment (Guangzhou) Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

The historical rank and industry rank for Asia-Potash International Investment (Guangzhou) Co's Equity-to-Asset or its related term are showing as below:

SZSE:000893' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.82   Max: 0.87
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Asia-Potash International Investment (Guangzhou) Co was 0.87. The lowest was 0.06. And the median was 0.82.

SZSE:000893's Equity-to-Asset is ranked better than
73.6% of 250 companies
in the Agriculture industry
Industry Median: 0.535 vs SZSE:000893: 0.69

Asia-Potash International Investment (Guangzhou) Co Equity-to-Asset Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) Co'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-Potash International Investment (Guangzhou) Co Equity-to-Asset Chart

Asia-Potash International Investment (Guangzhou) Co 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 0.87 0.86 0.83 0.79 0.72

Asia-Potash International Investment (Guangzhou) Co 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 0.79 0.77 0.76 0.72 0.69

Competitive Comparison of Asia-Potash International Investment (Guangzhou) Co's Equity-to-Asset

For the Agricultural Inputs subindustry, Asia-Potash International Investment (Guangzhou) Co'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-Potash International Investment (Guangzhou) Co's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Asia-Potash International Investment (Guangzhou) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia-Potash International Investment (Guangzhou) Co's Equity-to-Asset falls into.



Asia-Potash International Investment (Guangzhou) Co 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-Potash International Investment (Guangzhou) Co'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
=11227.146/15698.292
=0.72

Asia-Potash International Investment (Guangzhou) Co'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
=11289.854/16420.04
=0.69

* 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-Potash International Investment (Guangzhou) Co  (SZSE:000893) 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-Potash International Investment (Guangzhou) Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Asia-Potash International Investment (Guangzhou) Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Traded in Other Exchanges
N/A
Address
No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330
Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

No Headlines