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Haier Electronics Group Co (Haier Electronics Group Co) Equity-to-Asset : 0.61 (As of Jun. 2020)


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What is Haier Electronics Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Haier Electronics Group Co's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $4,143 Mil. Haier Electronics Group Co's Total Assets for the quarter that ended in Jun. 2020 was $6,805 Mil. Therefore, Haier Electronics Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was 0.61.

The historical rank and industry rank for Haier Electronics Group Co's Equity-to-Asset or its related term are showing as below:

HRELF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.61
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Haier Electronics Group Co was 0.61. The lowest was 0.19. And the median was 0.35.

HRELF's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs HRELF: 0.61

Haier Electronics Group Co Equity-to-Asset Historical Data

The historical data trend for Haier Electronics Group 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.

Haier Electronics Group Co Equity-to-Asset Chart

Haier Electronics Group Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.48 0.50 0.58

Haier Electronics Group Co Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 0.50 0.50 0.52 0.58 0.61

Competitive Comparison of Haier Electronics Group Co's Equity-to-Asset

For the Consumer Electronics subindustry, Haier Electronics Group 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.


Haier Electronics Group Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Haier Electronics Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Haier Electronics Group Co's Equity-to-Asset falls into.



Haier Electronics Group 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.

Haier Electronics Group Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=4166.159/7137.159
=0.58

Haier Electronics Group Co's Equity to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Equity to Asset (Q: Jun. 2020 )=Total Stockholders Equity/Total Assets
=4143.426/6805.394
=0.61

* 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.


Haier Electronics Group Co  (OTCPK:HRELF) 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%.


Haier Electronics Group Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Haier Electronics Group Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Haier Electronics Group Co (Haier Electronics Group Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Haier Road, Haier Industrial Park, Qingdao, CHN
Haier Electronics Group is a China-based company that makes washing machines and water heaters under the Haier brand. The company's core segments include the washing machine segment, which produces and sells washing machines; the water heater and water purifier business, which produces and sells water heaters and water purifiers; and the channel services segment, which sells and distributes home appliances and other value-added consumer services. The channel services segment contributes the majority of total revenue. The company generates most of its revenue in mainland China.

Haier Electronics Group Co (Haier Electronics Group Co) Headlines

From GuruFocus

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