COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) Equity-to-Asset : 0.85 (As of Dec. 2023)

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What is COSCO SHIPPING International (Hong Kong) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. COSCO SHIPPING International (Hong Kong) Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €920.5 Mil. COSCO SHIPPING International (Hong Kong) Co's Total Assets for the quarter that ended in Dec. 2023 was €1,080.8 Mil. Therefore, COSCO SHIPPING International (Hong Kong) Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

The historical rank and industry rank for COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset or its related term are showing as below:

FRA:CSB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8 Med: 0.83 Max: 0.85
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of COSCO SHIPPING International (Hong Kong) Co was 0.85. The lowest was 0.80. And the median was 0.83.

FRA:CSB's Equity-to-Asset is ranked better than
95.81% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs FRA:CSB: 0.85

COSCO SHIPPING International (Hong Kong) Co Equity-to-Asset Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) Co'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.

COSCO SHIPPING International (Hong Kong) Co Equity-to-Asset Chart

COSCO SHIPPING International (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.85

0.82

0.83

0.85

COSCO SHIPPING International (Hong Kong) Co 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															0.83	0.84	0.85	0.86	0.85

Competitive Comparison of COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) Co'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.

COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset falls into.

COSCO SHIPPING International (Hong Kong) Co 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.

COSCO SHIPPING International (Hong Kong) Co'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
	=	920.482	/	1080.846
	=	0.85

COSCO SHIPPING International (Hong Kong) Co'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
	=	920.482	/	1080.846
	=	0.85

COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) 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%.

COSCO SHIPPING International (Hong Kong) Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of COSCO SHIPPING International (Hong Kong) Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

COSCO SHIPPING International (Hong Kong) Co (FRA:CSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (FRA:CSB) » Definitions » Equity-to-Asset

Traded in Other Exchanges

CHDGF:USA 00517:Hong Kong

Address

183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG

Website

https://hk.coscoshipping.com

COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.