GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Arta TechFin Corp Ltd (HKSE:00279) » Definitions » Equity-to-Asset

Arta TechFin (HKSE:00279) Equity-to-Asset : -0.09 (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Arta TechFin Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arta TechFin's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$-9.95 Mil. Arta TechFin's Total Assets for the quarter that ended in Sep. 2023 was HK$105.76 Mil. Therefore, Arta TechFin's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.09.

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

HKSE:00279' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.56   Med: 0.46   Max: 0.94
Current: -0.09

During the past 13 years, the highest Equity to Asset Ratio of Arta TechFin was 0.94. The lowest was -2.56. And the median was 0.46.

HKSE:00279's Equity-to-Asset is ranked worse than
94.9% of 804 companies
in the Capital Markets industry
Industry Median: 0.495 vs HKSE:00279: -0.09

Arta TechFin Equity-to-Asset Historical Data

The historical data trend for Arta TechFin'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.

Arta TechFin Equity-to-Asset Chart

Arta TechFin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 -2.08 -2.10 0.49 0.29

Arta TechFin Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.56 0.49 0.23 0.29 -0.09

Competitive Comparison of Arta TechFin's Equity-to-Asset

For the Capital Markets subindustry, Arta TechFin'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.


Arta TechFin's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Arta TechFin's Equity-to-Asset distribution charts can be found below:

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



Arta TechFin 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.

Arta TechFin's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=33.649/117.482
=0.29

Arta TechFin's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-9.954/105.763
=-0.09

* 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.


Arta TechFin  (HKSE:00279) 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%.


Arta TechFin Equity-to-Asset Related Terms

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


Arta TechFin (HKSE:00279) Business Description

Traded in Other Exchanges
N/A
Address
Units 1-2, 728 King’s Road, Level 9, K11 ATELIER King's Road, Quarry Bay, Hong Kong, CHN
Arta TechFin Corp Ltd is an investment holding company that operates in three segments; Global markets business, which includes brokerage and investment banking businesses, Asset management business, Insurance brokerage business. Majority of its revenue is generated from Global markets business segment. Geographically, the business is carried out in Hong Kong.

Arta TechFin (HKSE:00279) Headlines

No Headlines