CLP Holdings (CLP Holdings) Equity-to-Asset

: 0.46 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CLP Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13,601 Mil. CLP Holdings's Total Assets for the quarter that ended in Dec. 2023 was $29,329 Mil. Therefore, CLP Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

CLPHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.49 Max: 0.5
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of CLP Holdings was 0.50. The lowest was 0.44. And the median was 0.49.

CLPHF's Equity-to-Asset is ranked better than
66.35% of 520 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs CLPHF: 0.46

CLP Holdings Equity-to-Asset Historical Data

The historical data trend for CLP 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.

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.49

0.50

0.49

0.46

CLP Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.49	0.43	0.46	0.47	0.46

Competitive Comparison

For the Utilities - Regulated Electric subindustry, CLP 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.

CLP Holdings Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, CLP Holdings's Equity-to-Asset distribution charts can be found below:

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

CLP 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.

CLP 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
	=	13600.604	/	29328.664
	=	0.46

CLP 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
	=	13600.604	/	29328.664
	=	0.46

CLP Holdings (OTCPK:CLPHF) 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%.

CLP Holdings Equity-to-Asset Related Terms

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CLP Holdings (CLP Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CLPHY:USA 00002:Hong Kong CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

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