Able View Global (Able View Global) Equity-to-Asset : 0.21 (As of Dec. 2023)

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What is Able View Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Able View Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11.4 Mil. Able View Global's Total Assets for the quarter that ended in Dec. 2023 was $54.9 Mil. Therefore, Able View Global's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

The historical rank and industry rank for Able View Global's Equity-to-Asset or its related term are showing as below:

ABLV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.23 Max: 0.44
Current: 0.21

During the past 4 years, the highest Equity to Asset Ratio of Able View Global was 0.44. The lowest was 0.04. And the median was 0.23.

ABLV's Equity-to-Asset is ranked worse than
80.68% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.52 vs ABLV: 0.21

Able View Global Equity-to-Asset Historical Data

The historical data trend for Able View Global'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.

Able View Global Equity-to-Asset Chart

Able View Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.44

0.25

0.04

0.21

Able View Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.25	0.09	0.04	0.14	0.21

Competitive Comparison of Able View Global's Equity-to-Asset

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Able View Global's Equity-to-Asset falls into.

Able View Global 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.

Able View Global'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
	=	11.416	/	54.907
	=	0.21

Able View Global'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
	=	11.416	/	54.907
	=	0.21

Able View Global (NAS:ABLV) 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%.

Able View Global Equity-to-Asset Related Terms

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Able View Global (Able View Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001

Website

Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

By ACCESSWIRE • 05-01-2024