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Blue Horizon Global Capital (XCNQ:BHCC) Equity-to-Asset : 0.17 (As of Sep. 2023)


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What is Blue Horizon Global Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blue Horizon Global Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$0.15 Mil. Blue Horizon Global Capital's Total Assets for the quarter that ended in Sep. 2023 was C$0.91 Mil.

The historical rank and industry rank for Blue Horizon Global Capital's Equity-to-Asset or its related term are showing as below:

XCNQ:BHCC' s Equity-to-Asset Range Over the Past 10 Years
Min: -24.83   Med: -0.5   Max: 0.38
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Blue Horizon Global Capital was 0.38. The lowest was -24.83. And the median was -0.50.

XCNQ:BHCC's Equity-to-Asset is ranked worse than
94.49% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs XCNQ:BHCC: 0.17

Blue Horizon Global Capital Equity-to-Asset Historical Data

The historical data trend for Blue Horizon Global Capital'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.

Blue Horizon Global Capital Equity-to-Asset Chart

Blue Horizon Global Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.96 -6.40 -4.83 -0.86 0.27

Blue Horizon Global Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.29 0.27 0.24 0.19 0.17

Competitive Comparison of Blue Horizon Global Capital's Equity-to-Asset

For the Asset Management subindustry, Blue Horizon Global Capital'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.


Blue Horizon Global Capital's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Horizon Global Capital's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blue Horizon Global Capital's Equity-to-Asset falls into.



Blue Horizon Global Capital 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.

Blue Horizon Global Capital'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
=0.266/0.98
=0.27

Blue Horizon Global Capital'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
=0.152/0.906
=

* 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.


Blue Horizon Global Capital  (XCNQ:BHCC) 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%.


Blue Horizon Global Capital Equity-to-Asset Related Terms

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Blue Horizon Global Capital (XCNQ:BHCC) Business Description

Traded in Other Exchanges
Address
196 Wildcat Road, North York, ON, CAN, M3J 2N5
Blue Horizon Global Capital Corp is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income.

Blue Horizon Global Capital (XCNQ:BHCC) Headlines

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