Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
HiTech Group AustraliaASX:HIT 81 Equity-to-Asset is 0.65 as of Dec. 2025, which is 2% above its 10-year median of 0.64. GuruFocus rates ASX:HIT with a GF Score™ of 81/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,095 Business Services companies, HiTech Group Australia ranks better than 68.77% on this metric.
HiTech Group Australia (ASX:HIT) 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%.
HiTech Group Australia Equity-to-Asset Related Terms
HiTech Group Australia Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for HiTech Group Australia'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.
ASX:HIT vs KFY, RHI, TNET: Equity-to-Asset Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia's Equity-to-Asset falls into.
HiTech Group Australia 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.
HiTech Group Australia's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 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.
HiTech Group Australia (ASX:HIT) has a Equity-to-Asset of 0.65 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HiTech Group Australia and its competitors. This is near median its historical median of 0.64. Over the past decade, HiTech Group Australia's Equity-to-Asset has ranged from 0.47 to 0.84. According to the industry distribution chart, HiTech Group Australia ranks #342 out of 1095 companies in the Business Services industry, placing it in the top 31.2%.
Is HiTech Group Australia's Equity-to-Asset too high?
HiTech Group Australia's current Equity-to-Asset of 0.65 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 0.84. The Business Services industry median Equity-to-Asset is 0.52. HiTech Group Australia's value of 0.65 is 25% above this industry median. Based on the distribution chart, HiTech Group Australia ranks #342 out of 1095 companies in the Business Services industry, which is above the industry midpoint. Overall, HiTech Group Australia has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Equity-to-Asset compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #342 out of 1095 companies for Equity-to-Asset. This puts HiTech Group Australia in the upper half of its industry. The industry median Equity-to-Asset is 0.52. HiTech Group Australia's value of 0.65 is 25% above this benchmark. Historically, HiTech Group Australia's own Equity-to-Asset has ranged from 0.47 to 0.84 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.52, HiTech Group Australia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,095 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HiTech Group Australia's current Equity-to-Asset of 0.65 is 25% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HiTech Group Australia and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Equity-to-Asset is 0.65, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$1.30 — trading 31.2% below its estimated fair value. The current Equity-to-Asset is 0.65, which is near median its 10-year median of 0.64 and 25% above the Business Services industry median of 0.52. HiTech Group Australia's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For HiTech Group Australia (ASX:HIT), the current Equity-to-Asset is 0.65 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$1.30 is trading 31.2% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Equity-to-Asset: 0.65 (near median its 10-year median of 0.64)
GF Value™: A$1.89 vs. price of A$1.30 (31.2% below fair value)
Industry Position: 25% above the Business Services median (#342 of 1095)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
81GF Score
Get the complete analysis for ASX:HIT
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HIT has been successfully added to your 
