Kowloon Development Co (FRA:KOX) Equity-to-Asset : 0.40 (As of Jun. 2024)

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What is Kowloon Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kowloon Development Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €2,111.2 Mil. Kowloon Development Co's Total Assets for the quarter that ended in Jun. 2024 was €5,287.9 Mil. Therefore, Kowloon Development Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.40.

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

FRA:KOX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.47 Max: 0.55
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Kowloon Development Co was 0.55. The lowest was 0.37. And the median was 0.47.

FRA:KOX's Equity-to-Asset is ranked worse than
57.17% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs FRA:KOX: 0.40

Kowloon Development Co Equity-to-Asset Historical Data

The historical data trend for Kowloon Development 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.

Kowloon Development Co Equity-to-Asset Chart

Kowloon Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.52

0.51

0.39

0.37

Kowloon Development Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial															0.37	0.39	0.38	0.37	0.40

Competitive Comparison of Kowloon Development Co's Equity-to-Asset

For the Real Estate - Development subindustry, Kowloon Development 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.

Kowloon Development Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kowloon Development Co's Equity-to-Asset distribution charts can be found below:

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

Kowloon Development 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.

Kowloon Development 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
	=	2074.685	/	5604.605
	=	0.37

Kowloon Development Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2111.176	/	5287.929
	=	0.40

Kowloon Development Co (FRA:KOX) 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%.

Kowloon Development Co Equity-to-Asset Related Terms

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Kowloon Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kowloon Development Co Ltd (FRA:KOX) » Definitions » Equity-to-Asset

Traded in Other Exchanges

00034:Hong Kong

Address

750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG

Website

https://www.kdc.com.hk

Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.

Kowloon Development Co Headlines

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