GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard Hotel Group Ltd (HKSE:00292) » Definitions » Equity-to-Asset

Asia Standard Hotel Group (HKSE:00292) Equity-to-Asset : 0.23 (As of Sep. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Asia Standard Hotel Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Standard Hotel Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,961.3 Mil. Asia Standard Hotel Group's Total Assets for the quarter that ended in Sep. 2023 was HK$8,386.9 Mil. Therefore, Asia Standard Hotel Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.23.

The historical rank and industry rank for Asia Standard Hotel Group's Equity-to-Asset or its related term are showing as below:

HKSE:00292' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.4   Max: 0.63
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Asia Standard Hotel Group was 0.63. The lowest was 0.15. And the median was 0.40.

HKSE:00292's Equity-to-Asset is ranked worse than
92.91% of 1721 companies
in the Asset Management industry
Industry Median: 0.83 vs HKSE:00292: 0.23

Asia Standard Hotel Group Equity-to-Asset Historical Data

The historical data trend for Asia Standard Hotel 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.

Asia Standard Hotel Group Equity-to-Asset Chart

Asia Standard Hotel Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.33 0.42 0.24 0.32

Asia Standard Hotel Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.29 0.24 0.15 0.32 0.23

Competitive Comparison of Asia Standard Hotel Group's Equity-to-Asset

For the Asset Management subindustry, Asia Standard Hotel 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.


Asia Standard Hotel Group's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard Hotel Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Standard Hotel Group's Equity-to-Asset falls into.



Asia Standard Hotel 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.

Asia Standard Hotel Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=3007.103/9281.934
=0.32

Asia Standard Hotel 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
=1961.296/8386.854
=0.23

* 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.


Asia Standard Hotel Group  (HKSE:00292) 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%.


Asia Standard Hotel Group Equity-to-Asset Related Terms

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


Asia Standard Hotel Group (HKSE:00292) Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

Asia Standard Hotel Group (HKSE:00292) Headlines

No Headlines