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Hidili Industry International Development (Hidili Industry International Development) Equity-to-Asset : 0.29 (As of Jun. 2023)


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What is Hidili Industry International Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hidili Industry International Development's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $533.1 Mil. Hidili Industry International Development's Total Assets for the quarter that ended in Jun. 2023 was $1,861.0 Mil. Therefore, Hidili Industry International Development's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.29.

The historical rank and industry rank for Hidili Industry International Development's Equity-to-Asset or its related term are showing as below:

HIIDQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.46
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of Hidili Industry International Development was 0.46. The lowest was 0.02. And the median was 0.11.

HIIDQ's Equity-to-Asset is ranked worse than
89.5% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.59 vs HIIDQ: 0.14

Hidili Industry International Development Equity-to-Asset Historical Data

The historical data trend for Hidili Industry International Development'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.

Hidili Industry International Development Equity-to-Asset Chart

Hidili Industry International Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.07 0.11 0.14

Hidili Industry International Development 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 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 0.07 0.10 0.11 0.29 0.14

Competitive Comparison of Hidili Industry International Development's Equity-to-Asset

For the Thermal Coal subindustry, Hidili Industry International Development'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.


Hidili Industry International Development's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hidili Industry International Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hidili Industry International Development's Equity-to-Asset falls into.



Hidili Industry International Development 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.

Hidili Industry International Development'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
=205.277/1895.686
=0.11

Hidili Industry International Development'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
=533.083/1861.031
=0.29

* 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.


Hidili Industry International Development  (OTCPK:HIIDQ) 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%.


Hidili Industry International Development Equity-to-Asset Related Terms

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Hidili Industry International Development (Hidili Industry International Development) Business Description

Traded in Other Exchanges
Address
No. 185 Renmin Road, 16th Floor, Dingli Mansion, Sichuan Province, Panzhihua, CHN, 617000
Hidili Industry International Development Ltd is an investment holding company engaged in the coal mining, manufacture, and sale of raw coal and clean coal. It derives revenue from the production and sales of Clean coal and its by-products such as Raw coal, High-ash thermal coal, and others. All of the group's turnover is derived from the operation in the PRC.

Hidili Industry International Development (Hidili Industry International Development) Headlines

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