ADF Group (ADF Group) Equity-to-Asset : 0.49 (As of Jan. 2024)

ADF Group Equity-to-Asset Chart

ADF Group Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Equity-to-Asset		Get a 7-Day Free Trial					0.54	0.52	0.54	0.46	0.49

ADF Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.46	0.47	0.48	0.50	0.49

Competitive Comparison of ADF Group's Equity-to-Asset

For the Metal Fabrication subindustry, ADF Group'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.

ADF Group's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADF Group's Equity-to-Asset distribution charts can be found below:

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

ADF Group 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.

ADF Group's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

ADF Group's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.

ADF Group  (OTCPK:ADFJF) 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%.

ADF Group Equity-to-Asset Related Terms

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ADF Group (ADF Group) Business Description