Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kuaishou Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$53,664 Mil. Kuaishou Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$116,264 Mil.
Therefore, Kuaishou Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.
The historical rank and industry rank for Kuaishou Technology's Equity-to-Asset or its related term are showing as below:
HKSE:01024'
s Equity-to-Asset Range Over the Past 10 Years
Min: -3.07 Med: -1.72 Max: 0.49
Current: 0.46
During the past 7 years, the highest Equity to Asset Ratio of Kuaishou Technology was 0.49. The lowest was -3.07. And the median was -1.72.
HKSE:01024's Equity-to-Asset is ranked worse than 70.74% of 598
companies
in the Interactive Media industry
Industry Median: 0.64
vs HKSE:01024: 0.46
Kuaishou Technology Equity-to-Asset Historical Data
The historical data trend for Kuaishou Technology'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.
Competitive Comparison of Kuaishou Technology's Equity-to-Asset
For the Internet Content & Information subindustry, Kuaishou Technology'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.
Kuaishou Technology's Equity-to-Asset Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Kuaishou Technology's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kuaishou Technology's Equity-to-Asset falls into.
Kuaishou Technology 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.
Kuaishou Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Kuaishou Technology Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kuaishou Technology's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuaishou Technology (HKSE:01024) Business Description
Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.
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