Golden Sun Health Technology Group (Golden Sun Health Technology Group) Equity-to-Asset : 0.23 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Golden Sun Health Technology Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Sun Health Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.43 Mil. Golden Sun Health Technology Group's Total Assets for the quarter that ended in Sep. 2023 was $19.45 Mil. Therefore, Golden Sun Health Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.23.

The historical rank and industry rank for Golden Sun Health Technology Group's Equity-to-Asset or its related term are showing as below:

GSUN' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.14 Med: -0.41 Max: 0.38
Current: 0.23

During the past 5 years, the highest Equity to Asset Ratio of Golden Sun Health Technology Group was 0.38. The lowest was -1.14. And the median was -0.41.

GSUN's Equity-to-Asset is ranked worse than
83.21% of 268 companies
in the Education industry
Industry Median: 0.52 vs GSUN: 0.23

Golden Sun Health Technology Group Equity-to-Asset Historical Data

The historical data trend for Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group Equity-to-Asset Chart

Golden Sun Health Technology Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

-0.48

-0.41

-1.14

0.38

0.23

Golden Sun Health Technology Group Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial				-1.14	-1.31	0.38	0.31	0.23

Competitive Comparison of Golden Sun Health Technology Group's Equity-to-Asset

For the Education & Training Services subindustry, Golden Sun Health Technology 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.

Golden Sun Health Technology Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Golden Sun Health Technology Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Sun Health Technology Group's Equity-to-Asset falls into.

Golden Sun Health Technology 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.

Golden Sun Health Technology Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.428	/	19.448
	=	0.23

Golden Sun Health Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.428	/	19.448
	=	0.23

Golden Sun Health Technology Group (NAS:GSUN) 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%.

Golden Sun Health Technology Group Equity-to-Asset Related Terms

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

Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Sun Health Technology Group Ltd (NAS:GSUN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Profit Huiyin Square North Building, Huashan 2018, Unit 1001, Xuhui District, Shanghai, CHN

Website

https://www.jtyjyjt.com

Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.