AMTD Digital (AMTD Digital) Equity-to-Asset : 0.71 (As of Oct. 2023)

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What is AMTD Digital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AMTD Digital's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $510.63 Mil. AMTD Digital's Total Assets for the quarter that ended in Oct. 2023 was $719.80 Mil. Therefore, AMTD Digital's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.71.

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

HKD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.71 Max: 0.98
Current: 0.71

During the past 5 years, the highest Equity to Asset Ratio of AMTD Digital was 0.98. The lowest was 0.02. And the median was 0.71.

HKD's Equity-to-Asset is ranked better than
72.55% of 2852 companies
in the Software industry
Industry Median: 0.55 vs HKD: 0.71

AMTD Digital Equity-to-Asset Historical Data

The historical data trend for AMTD Digital'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.

AMTD Digital Equity-to-Asset Chart

AMTD Digital Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Equity-to-Asset

0.02

0.35

0.94

0.96

0.69

AMTD Digital Semi-Annual Data
	Apr19	Apr20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.96	0.98	0.69	0.71

Competitive Comparison of AMTD Digital's Equity-to-Asset

For the Software - Application subindustry, AMTD Digital'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.

AMTD Digital's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, AMTD Digital's Equity-to-Asset distribution charts can be found below:

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

AMTD Digital 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.

AMTD Digital's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	457.947	/	661.676
	=	0.69

AMTD Digital's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	510.632	/	719.796
	=	0.71

AMTD Digital (NYSE:HKD) 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%.

AMTD Digital Equity-to-Asset Related Terms

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AMTD Digital (AMTD Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AMTD Digital Inc (NYSE:HKD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-29 rue de Bassano, Paris, FRA

Website

https://www.amtdigital.net

AMTD Digital Inc is a comprehensive digital solutions platform in Asia with businesses spanning multiple verticals, including digital financial services, SpiderNet ecosystem solutions, digital media, content, and marketing, and digital investments.