Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Minerva Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,274.80 Mil. Minerva Group Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$1,325.80 Mil.
Therefore, Minerva Group Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.
The historical rank and industry rank for Minerva Group Holding's Equity-to-Asset or its related term are showing as below:
HKSE:00397'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79 Med: 0.95 Max: 0.98
Current: 0.96
During the past 13 years, the highest Equity to Asset Ratio of Minerva Group Holding was 0.98. The lowest was 0.79. And the median was 0.95.
HKSE:00397's Equity-to-Asset is ranked better than 84.77% of 604
companies
in the Diversified Financial Services industry
Industry Median: 0.81
vs HKSE:00397: 0.96
Minerva Group Holding Equity-to-Asset Historical Data
The historical data trend for Minerva Group Holding'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 Minerva Group Holding's Equity-to-Asset
For the Financial Conglomerates subindustry, Minerva Group Holding'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.
Minerva Group Holding's Equity-to-Asset Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Minerva Group Holding's Equity-to-Asset falls into.
Minerva Group Holding 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.
Minerva Group Holding'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.
Minerva Group Holding (HKSE:00397) 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%.
Minerva Group Holding Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Minerva Group Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Minerva Group Holding (HKSE:00397) Business Description
Minerva Group Holding Ltd Formerly Power Financial Group Ltd is principally engaged in the financial services business, money lending business, and asset investment, t. The company operates through four segments Financial Services segment provides financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; the Money Lending segment provides loan financing in Hong Kong; and Assets investment segment that invests in debt securities earning fixed interest income, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains. It derives the majority of its revenue from the Money lending segment. It derives revenue from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00397 has been successfully added to your 