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Forward Fashion (International) Holdings Co (HKSE:02528) Equity-to-Asset : 0.25 (As of Dec. 2023)


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What is Forward Fashion (International) Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forward Fashion (International) Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$229 Mil. Forward Fashion (International) Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$912 Mil. Therefore, Forward Fashion (International) Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

The historical rank and industry rank for Forward Fashion (International) Holdings Co's Equity-to-Asset or its related term are showing as below:

HKSE:02528' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 0.27
Current: 0.25

During the past 8 years, the highest Equity to Asset Ratio of Forward Fashion (International) Holdings Co was 0.27. The lowest was 0.08. And the median was 0.20.

HKSE:02528's Equity-to-Asset is ranked worse than
78.46% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs HKSE:02528: 0.25

Forward Fashion (International) Holdings Co Equity-to-Asset Historical Data

The historical data trend for Forward Fashion (International) Holdings Co'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.

Forward Fashion (International) Holdings Co Equity-to-Asset Chart

Forward Fashion (International) Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.18 0.21 0.27 0.27 0.25

Forward Fashion (International) Holdings Co Semi-Annual Data
Dec16 Dec17 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 0.27 0.27 0.27 0.27 0.25

Competitive Comparison of Forward Fashion (International) Holdings Co's Equity-to-Asset

For the Apparel Retail subindustry, Forward Fashion (International) Holdings Co'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.


Forward Fashion (International) Holdings Co's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Forward Fashion (International) Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Forward Fashion (International) Holdings Co's Equity-to-Asset falls into.



Forward Fashion (International) Holdings Co 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.

Forward Fashion (International) Holdings Co'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
=228.813/912.168
=0.25

Forward Fashion (International) Holdings Co'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
=228.813/912.168
=0.25

* 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.


Forward Fashion (International) Holdings Co  (HKSE:02528) 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%.


Forward Fashion (International) Holdings Co Equity-to-Asset Related Terms

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Forward Fashion (International) Holdings Co (HKSE:02528) Business Description

Traded in Other Exchanges
N/A
Address
The Gateway, Harbour City, Suite 1204, 12th Floor, Tower 6, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Forward Fashion (International) Holdings Co Ltd is engaged in the retail of fashion apparel of international brands ranging from designer label brands, and popular brands to up-and-coming brands in Greater China. Its brands include UM, UM IXOX, and IXOX. It has opened mono-brand stores in Greater China for the brands BLACK BARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has a business presence in Mainland China, Macau, Hong Kong, and Other regions.

Forward Fashion (International) Holdings Co (HKSE:02528) Headlines

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