Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quali-Smart Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$120.0 Mil. Quali-Smart Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$233.2 Mil.
Therefore, Quali-Smart Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.51.
The historical rank and industry rank for Quali-Smart Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:01348'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.53 Max: 0.67
Current: 0.51
During the past 12 years, the highest Equity to Asset Ratio of Quali-Smart Holdings was 0.67. The lowest was 0.41. And the median was 0.53.
HKSE:01348's Equity-to-Asset is ranked better than 52.74% of 840
companies
in the Travel & Leisure industry
Industry Median: 0.49
vs HKSE:01348: 0.51
Quali-Smart Holdings Equity-to-Asset Historical Data
The historical data trend for Quali-Smart 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 Quali-Smart Holdings's Equity-to-Asset
For the Leisure subindustry, Quali-Smart 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.
Quali-Smart Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Quali-Smart Holdings's Equity-to-Asset falls into.
Quali-Smart 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.
Quali-Smart Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
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%.
Quali-Smart Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Quali-Smart Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Quali-Smart Holdings (HKSE:01348) Business Description
Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01348 has been successfully added to your 