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Hongkong Land Holdings (Hongkong Land Holdings) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Hongkong Land Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hongkong Land Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $31,965 Mil. Hongkong Land Holdings's Total Assets for the quarter that ended in Dec. 2023 was $40,768 Mil. Therefore, Hongkong Land Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

HKHGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.83   Max: 0.86
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Hongkong Land Holdings was 0.86. The lowest was 0.78. And the median was 0.83.

HKHGF's Equity-to-Asset is ranked better than
85.63% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs HKHGF: 0.78

Hongkong Land Holdings Equity-to-Asset Historical Data

The historical data trend for Hongkong Land Holdings'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.

Hongkong Land Holdings Equity-to-Asset Chart

Hongkong Land Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.81 0.79 0.78 0.78

Hongkong Land Holdings 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 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 0.79 0.78 0.78 0.78 0.78

Competitive Comparison of Hongkong Land Holdings's Equity-to-Asset

For the Real Estate - Development subindustry, Hongkong Land Holdings'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.


Hongkong Land Holdings's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hongkong Land Holdings's Equity-to-Asset distribution charts can be found below:

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



Hongkong Land Holdings 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.

Hongkong Land Holdings'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
=31965.4/40767.9
=0.78

Hongkong Land Holdings'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
=31965.4/40767.9
=0.78

* 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.


Hongkong Land Holdings  (OTCPK:HKHGF) 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%.


Hongkong Land Holdings Equity-to-Asset Related Terms

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


Hongkong Land Holdings (Hongkong Land Holdings) Business Description

Traded in Other Exchanges
Address
33-35 Street, Jardine House, 4th Floor, Hamilton, BMU
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

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