Arts Optical International Holdings (HKSE:01120) Equity-to-Asset : 0.43 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Arts Optical International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arts Optical International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$542 Mil. Arts Optical International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,277 Mil. Therefore, Arts Optical International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

HKSE:01120' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.51 Max: 0.73
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Arts Optical International Holdings was 0.73. The lowest was 0.40. And the median was 0.51.

HKSE:01120's Equity-to-Asset is ranked worse than
75.23% of 872 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs HKSE:01120: 0.43

Arts Optical International Holdings Equity-to-Asset Historical Data

The historical data trend for Arts Optical International 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.

Arts Optical International Holdings Equity-to-Asset Chart

Arts Optical International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.67

0.47

0.40

0.48

0.43

Arts Optical International 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															0.40	0.43	0.48	0.46	0.43

Competitive Comparison of Arts Optical International Holdings's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Arts Optical International 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.

Arts Optical International Holdings's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Arts Optical International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Arts Optical International Holdings's Equity-to-Asset falls into.

Arts Optical International 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.

Arts Optical International 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
	=	541.923	/	1276.544
	=	0.42

Arts Optical International 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
	=	541.923	/	1276.544
	=	0.42

Arts Optical International Holdings (HKSE:01120) 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%.

Arts Optical International Holdings Equity-to-Asset Related Terms

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

Arts Optical International Holdings (HKSE:01120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Arts Optical International Holdings Ltd (HKSE:01120) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.artsgroup.com

Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.

Executives

Ng Hoi Ying, Michael	2202 Interest of your spouse
Wu Zhihong	2101 Beneficial owner
Ng Kim Ying
Webb David Michael	2201 Interest of corporation controlled by you
Fmr Llc	2201 Interest of corporation controlled by you
Ratagan International Company Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee

Arts Optical International Holdings (HKSE:01120) Headlines

No Headlines