Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BOC Aviation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$44,894 Mil. BOC Aviation's Total Assets for the quarter that ended in Dec. 2023 was HK$188,760 Mil.
Therefore, BOC Aviation's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.
The historical rank and industry rank for BOC Aviation's Equity-to-Asset or its related term are showing as below:
HKSE:02588'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.23 Max: 0.25
Current: 0.24
During the past 12 years, the highest Equity to Asset Ratio of BOC Aviation was 0.25. The lowest was 0.18. And the median was 0.23.
HKSE:02588's Equity-to-Asset is ranked worse than 81.1% of 1090
companies
in the Business Services industry
Industry Median: 0.49
vs HKSE:02588: 0.24
BOC Aviation Equity-to-Asset Historical Data
The historical data trend for BOC Aviation'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 BOC Aviation's Equity-to-Asset
For the Rental & Leasing Services subindustry, BOC Aviation'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.
BOC Aviation's Equity-to-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, BOC Aviation's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BOC Aviation's Equity-to-Asset falls into.
BOC Aviation 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.
BOC Aviation'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%.
BOC Aviation Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of BOC Aviation's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
BOC Aviation is the world's fifth-largest aircraft leasing company by net book value of owned aircraft, with a portfolio of more than 600 commercial passenger and cargo aircraft. The company was founded in 1993 in Singapore as a joint venture between Singapore Airlines and U.S.-based Boullioun Aviation Services. In 2006, the company was acquired by the Bank of China and took on its current name. Listed on the Stock Exchange of Hong Kong in 2016, BOC Aviation remains headquartered in Singapore, but has operations in Dublin, London, New York, and Tianjin. Bank of China remains its largest shareholder with a 70% stake. BOC Aviation has an international management team with its key leaders having more than 30 years of experience in the aircraft and leasing business.
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