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Hang Seng Bank (Hang Seng Bank) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Hang Seng Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hang Seng Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21,528 Mil. Hang Seng Bank's Total Assets for the quarter that ended in Dec. 2023 was $216,663 Mil. Therefore, Hang Seng Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

HSNGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.11
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Hang Seng Bank was 0.11. The lowest was 0.09. And the median was 0.10.

HSNGF's Equity-to-Asset is ranked better than
59.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs HSNGF: 0.10

Hang Seng Bank Equity-to-Asset Historical Data

The historical data trend for Hang Seng Bank'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.

Hang Seng Bank Equity-to-Asset Chart

Hang Seng Bank 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 0.11 0.10 0.09 0.09 0.10

Hang Seng Bank 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 0.09 0.10 0.09 0.10 0.10

Competitive Comparison of Hang Seng Bank's Equity-to-Asset

For the Banks - Regional subindustry, Hang Seng Bank'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.


Hang Seng Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hang Seng Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hang Seng Bank's Equity-to-Asset falls into.



Hang Seng Bank 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.

Hang Seng Bank'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
=21528.208/216662.911
=0.10

Hang Seng Bank'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
=21528.208/216662.911
=0.10

* 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.


Hang Seng Bank  (OTCPK:HSNGF) 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%.


Hang Seng Bank Equity-to-Asset Related Terms

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


Hang Seng Bank (Hang Seng Bank) Business Description

Traded in Other Exchanges
Address
83 Des Voeux Road Central, Hong kong, HKG
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

Hang Seng Bank (Hang Seng Bank) Headlines

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