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i-CABLE Communications (HKSE:01097) Equity-to-Asset : -1.41 (As of Dec. 2023)


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What is i-CABLE Communications Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. i-CABLE Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-1,328.8 Mil. i-CABLE Communications's Total Assets for the quarter that ended in Dec. 2023 was HK$945.2 Mil. Therefore, i-CABLE Communications's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.41.

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

HKSE:01097' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.41   Med: 0.33   Max: 0.63
Current: -1.41

During the past 13 years, the highest Equity to Asset Ratio of i-CABLE Communications was 0.63. The lowest was -1.41. And the median was 0.33.

HKSE:01097's Equity-to-Asset is ranked worse than
96.96% of 1052 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:01097: -1.41

i-CABLE Communications Equity-to-Asset Historical Data

The historical data trend for i-CABLE Communications'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.

i-CABLE Communications Equity-to-Asset Chart

i-CABLE Communications 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 0.34 0.23 0.10 -0.84 -1.41

i-CABLE Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.10 -0.06 -0.84 -1.04 -1.41

Competitive Comparison of i-CABLE Communications's Equity-to-Asset

For the Entertainment subindustry, i-CABLE Communications'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.


i-CABLE Communications's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Equity-to-Asset falls into.



i-CABLE Communications 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.

i-CABLE Communications'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
=-1328.817/945.159
=-1.41

i-CABLE Communications's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-1328.817/945.159
=-1.41

* 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.


i-CABLE Communications  (HKSE:01097) 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%.


i-CABLE Communications Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of i-CABLE Communications's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


i-CABLE Communications (HKSE:01097) Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.
Executives
Celestial Pioneer Limited 2101 Beneficial owner
Forever Top (asia) Limited 2101 Beneficial owner
Cheng Kar Shun 2201 Interest of corporation controlled by you
Ng Hung Sang 2101 Beneficial owner
Ng Lai King Pamela 2101 Beneficial owner
South China Securities Limited 2101 Beneficial owner

i-CABLE Communications (HKSE:01097) Headlines

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