Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meta Media Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$240.8 Mil. Meta Media Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$741.0 Mil.
Therefore, Meta Media Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.
The historical rank and industry rank for Meta Media Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:00072'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.57 Max: 0.7
Current: 0.33
During the past 13 years, the highest Equity to Asset Ratio of Meta Media Holdings was 0.70. The lowest was 0.33. And the median was 0.57.
HKSE:00072's Equity-to-Asset is ranked worse than 69.57% of 1055
companies
in the Media - Diversified industry
Industry Median: 0.52
vs HKSE:00072: 0.33
Meta Media Holdings Equity-to-Asset Historical Data
The historical data trend for Meta Media 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.
Competitive Comparison of Meta Media Holdings's Equity-to-Asset
For the Advertising Agencies subindustry, Meta Media 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.
Meta Media Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Meta Media Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Meta Media Holdings's Equity-to-Asset falls into.
Meta Media 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.
Meta Media Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Meta Media Holdings (HKSE:00072) 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%.
Meta Media Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Meta Media Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Meta Media Holdings (HKSE:00072) Business Description
Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.
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