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Target Insurance (Holdings) (HKSE:06161) Equity-to-Asset : 0.00 (As of Jun. 2023)


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What is Target Insurance (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Target Insurance (Holdings)'s Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$0.00 Mil. Target Insurance (Holdings)'s Total Assets for the quarter that ended in Jun. 2023 was HK$0.00 Mil.

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

HKSE:06161' s Equity-to-Asset Range Over the Past 10 Years
Min: -8.44   Med: 0.28   Max: 0.68
Current: -8.44

During the past 10 years, the highest Equity to Asset Ratio of Target Insurance (Holdings) was 0.68. The lowest was -8.44. And the median was 0.28.

HKSE:06161's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs HKSE:06161: -8.44

Target Insurance (Holdings) Equity-to-Asset Historical Data

The historical data trend for Target Insurance (Holdings)'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.

Target Insurance (Holdings) Equity-to-Asset Chart

Target Insurance (Holdings) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.15 0.16 0.68 -8.44

Target Insurance (Holdings) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.16 0.25 0.68 - -

Competitive Comparison of Target Insurance (Holdings)'s Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Target Insurance (Holdings)'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.


Target Insurance (Holdings)'s Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Target Insurance (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Target Insurance (Holdings)'s Equity-to-Asset falls into.



Target Insurance (Holdings) 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.

Target Insurance (Holdings)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-253.612/30.034
=

Target Insurance (Holdings)'s Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=0/0
=

* 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.


Target Insurance (Holdings)  (HKSE:06161) 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%.


Target Insurance (Holdings) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Target Insurance (Holdings)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Target Insurance (Holdings) (HKSE:06161) Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, Grand Millennium Plaza, 5th Floor, Low Block, Hong Kong, HKG
Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.

Target Insurance (Holdings) (HKSE:06161) Headlines

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