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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Equity-to-Asset : 0.43 (As of Jun. 2018)


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What is Hong Kong Aircraft Engineering Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hong Kong Aircraft Engineering Co's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $764 Mil. Hong Kong Aircraft Engineering Co's Total Assets for the quarter that ended in Jun. 2018 was $1,794 Mil. Therefore, Hong Kong Aircraft Engineering Co's Equity to Asset Ratio for the quarter that ended in Jun. 2018 was 0.43.

The historical rank and industry rank for Hong Kong Aircraft Engineering Co's Equity-to-Asset or its related term are showing as below:

HKAEY's Equity-to-Asset is not ranked *
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Hong Kong Aircraft Engineering Co Equity-to-Asset Historical Data

The historical data trend for Hong Kong Aircraft Engineering Co'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.

Hong Kong Aircraft Engineering Co Equity-to-Asset Chart

Hong Kong Aircraft Engineering Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.40 0.40 0.43 0.40

Hong Kong Aircraft Engineering Co Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.44 0.43 0.43 0.40 0.43

Competitive Comparison of Hong Kong Aircraft Engineering Co's Equity-to-Asset

For the Airports & Air Services subindustry, Hong Kong Aircraft Engineering Co'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.


Hong Kong Aircraft Engineering Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hong Kong Aircraft Engineering Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hong Kong Aircraft Engineering Co's Equity-to-Asset falls into.



Hong Kong Aircraft Engineering Co 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.

Hong Kong Aircraft Engineering Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=712.677/1796.411
=0.40

Hong Kong Aircraft Engineering Co's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=763.849/1794.039
=0.43

* 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.


Hong Kong Aircraft Engineering Co  (OTCPK:HKAEY) 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%.


Hong Kong Aircraft Engineering Co Equity-to-Asset Related Terms

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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Business Description

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Hong Kong Aircraft Engineering Co Ltd operates as an independent aircraft engineering and maintenance company. The global firm offers airframe, line, component, engine, cabin integration, and inventory management services. Its operating segments are primarily designated by region: Hong Kong, Americas, Xiamen, and TEXL (Taikoo Engine Services). HAECO offers round-the-clock support to various airline customers and has relationships with original-equipment manufacturers to provide technical and engineering expertise. In addition, the company provides technical training staff, industry partners, and the public with training and license examination services. Asia accounts for the majority of total revenue.

Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Headlines

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