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Asia Pioneer Entertainment Holdings (HKSE:08400) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is Asia Pioneer Entertainment Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Pioneer Entertainment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$16.34 Mil. Asia Pioneer Entertainment Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$36.03 Mil. Therefore, Asia Pioneer Entertainment Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

The historical rank and industry rank for Asia Pioneer Entertainment Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:08400' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.76   Max: 0.84
Current: 0.45

During the past 9 years, the highest Equity to Asset Ratio of Asia Pioneer Entertainment Holdings was 0.84. The lowest was 0.45. And the median was 0.76.

HKSE:08400's Equity-to-Asset is ranked worse than
52.68% of 839 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs HKSE:08400: 0.45

Asia Pioneer Entertainment Holdings Equity-to-Asset Historical Data

The historical data trend for Asia Pioneer Entertainment 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.

Asia Pioneer Entertainment Holdings Equity-to-Asset Chart

Asia Pioneer Entertainment Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.79 0.84 0.77 0.71 0.45

Asia Pioneer Entertainment Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.71 - 0.52 - 0.45

Competitive Comparison of Asia Pioneer Entertainment Holdings's Equity-to-Asset

For the Gambling subindustry, Asia Pioneer Entertainment 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.


Asia Pioneer Entertainment Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Pioneer Entertainment Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Pioneer Entertainment Holdings's Equity-to-Asset falls into.



Asia Pioneer Entertainment 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.

Asia Pioneer Entertainment Holdings'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
=16.335/36.033
=0.45

Asia Pioneer Entertainment Holdings'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
=16.335/36.033
=0.45

* 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.


Asia Pioneer Entertainment Holdings  (HKSE:08400) 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%.


Asia Pioneer Entertainment Holdings Equity-to-Asset Related Terms

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


Asia Pioneer Entertainment Holdings (HKSE:08400) Business Description

Traded in Other Exchanges
N/A
Address
Em Macau, Estrada Marginal, Do Hipodromo NoS 56-66, Industrial Lee Cheung F10, Macau, MAC
Asia Pioneer Entertainment Holdings Ltd is an investment holding company. Its segments include EGE Business and Smart VM Business. EGE business engaged in three divisions Technical Sales and Distribution of Electronic Gaming Equipment, Consultancy and Technical Services, and Repair Services. Smart VM Business engaged in sales of various Macau-sourced products to consumers and travelers through Smart VM in the Macau SAR and the People's Republic of China. Its generate the majority of its revenue from the EGE business.
Executives
Huie Allen Tat Yan 2101 Beneficial owner
Ng Man Ho Herman 2101 Beneficial owner
Chan Chi Lun 2101 Beneficial owner

Asia Pioneer Entertainment Holdings (HKSE:08400) Headlines

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