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Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Equity-to-Asset

: 0.15 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hong Kong Exchanges and Clearing's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,574 Mil. Hong Kong Exchanges and Clearing's Total Assets for the quarter that ended in Dec. 2023 was $43,686 Mil. Therefore, Hong Kong Exchanges and Clearing's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

HKXCY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.16
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Hong Kong Exchanges and Clearing was 0.16. The lowest was 0.08. And the median was 0.12.

HKXCY's Equity-to-Asset is ranked worse than
81.02% of 806 companies
in the Capital Markets industry
Industry Median: 0.5 vs HKXCY: 0.15

Hong Kong Exchanges and Clearing Equity-to-Asset Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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 Exchanges and Clearing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.12 0.12 0.12 0.15

Hong Kong Exchanges and Clearing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.12 0.13 0.14 0.14 0.15

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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 Exchanges and Clearing Equity-to-Asset Distribution

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's Equity-to-Asset falls into.



Hong Kong Exchanges and Clearing 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 Exchanges and Clearing'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
=6574.304/43686.01
=0.15

Hong Kong Exchanges and Clearing'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
=6574.304/43686.01
=0.15

* 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 Exchanges and Clearing  (OTCPK:HKXCY) 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 Exchanges and Clearing Equity-to-Asset Related Terms

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


Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Headlines

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