Hollysys Automation Technologies (Hollysys Automation Technologies) Equity-to-Asset : 0.68 (As of Sep. 2023)

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What is Hollysys Automation Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hollysys Automation Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,199.8 Mil. Hollysys Automation Technologies's Total Assets for the quarter that ended in Sep. 2023 was $1,766.5 Mil. Therefore, Hollysys Automation Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.68.

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

HOLI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.69 Max: 0.74
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Hollysys Automation Technologies was 0.74. The lowest was 0.52. And the median was 0.69.

HOLI's Equity-to-Asset is ranked better than
70.21% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs HOLI: 0.68

Hollysys Automation Technologies Equity-to-Asset Historical Data

The historical data trend for Hollysys Automation Technologies'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.

Hollysys Automation Technologies Equity-to-Asset Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.72

0.71

0.70

Hollysys Automation Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.69	0.69	0.71	0.70	0.68

Competitive Comparison of Hollysys Automation Technologies's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Hollysys Automation Technologies'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.

Hollysys Automation Technologies's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hollysys Automation Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hollysys Automation Technologies's Equity-to-Asset falls into.

Hollysys Automation Technologies 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.

Hollysys Automation Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1175.209	/	1684.848
	=	0.70

Hollysys Automation Technologies'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
	=	1199.767	/	1766.488
	=	0.68

Hollysys Automation Technologies (NAS:HOLI) 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%.

Hollysys Automation Technologies Equity-to-Asset Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.