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HKBN (FRA:2HK) Equity-to-Asset : 0.17 (As of Aug. 2023)


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What is HKBN Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HKBN's Total Stockholders Equity for the quarter that ended in Aug. 2023 was €357 Mil. HKBN's Total Assets for the quarter that ended in Aug. 2023 was €2,126 Mil. Therefore, HKBN's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.17.

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

FRA:2HK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.37
Current: 0.17

During the past 10 years, the highest Equity to Asset Ratio of HKBN was 0.37. The lowest was 0.16. And the median was 0.25.

FRA:2HK's Equity-to-Asset is ranked worse than
84.22% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs FRA:2HK: 0.17

HKBN Equity-to-Asset Historical Data

The historical data trend for HKBN'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.

HKBN Equity-to-Asset Chart

HKBN Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.29 0.25 0.24 0.17

HKBN Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.25 0.24 0.23 0.17 -

Competitive Comparison of HKBN's Equity-to-Asset

For the Telecom Services subindustry, HKBN'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.


HKBN's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKBN's Equity-to-Asset distribution charts can be found below:

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



HKBN 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.

HKBN's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=357.492/2126.337
=0.17

HKBN's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=357.492/2126.337
=0.17

* 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.


HKBN  (FRA:2HK) 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%.


HKBN Equity-to-Asset Related Terms

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


HKBN (FRA:2HK) Business Description

Traded in Other Exchanges
Address
18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.

HKBN (FRA:2HK) Headlines

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