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Accel Group Holdings (HKSE:01283) Equity-to-Asset : 0.80 (As of Mar. 2024)


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What is Accel Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accel Group Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$422.8 Mil. Accel Group Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$526.2 Mil. Therefore, Accel Group Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

HKSE:01283' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.74   Max: 0.84
Current: 0.75

During the past 8 years, the highest Equity to Asset Ratio of Accel Group Holdings was 0.84. The lowest was 0.34. And the median was 0.74.

HKSE:01283's Equity-to-Asset is ranked better than
89.42% of 1739 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01283: 0.75

Accel Group Holdings Equity-to-Asset Historical Data

The historical data trend for Accel Group 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.

Accel Group Holdings Equity-to-Asset Chart

Accel Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.83 0.76 0.84 0.72 0.80

Accel Group Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.81 0.72 0.72 0.80 0.75

Competitive Comparison of Accel Group Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Accel Group 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.


Accel Group Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Accel Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Accel Group 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.

Accel Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=422.835/526.174
=0.80

Accel Group Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=422.835/526.174
=0.80

* 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.


Accel Group Holdings  (HKSE:01283) 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%.


Accel Group Holdings Equity-to-Asset Related Terms

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


Accel Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Hoi Shing Road, Unit A, 19/F TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG
Accel Group Holdings Ltd is an electrical and mechanical (E&M) engineering services provider. The company's main business is to install E&M facilities for various developers, including the installation of an air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. Geographically it derives revenue from Hong Kong.
Executives
Lightspeed Limited 2101 Beneficial owner
Cheung Mei Lan 2202 Interest of your spouse
Ko Lai Hung 2101 Beneficial owner

Accel Group Holdings Headlines

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