Top Education Group (HKSE:01752) Equity-to-Asset : 0.64 (As of Dec. 2023)

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What is Top Education Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Top Education Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$257.3 Mil. Top Education Group's Total Assets for the quarter that ended in Dec. 2023 was HK$404.6 Mil. Therefore, Top Education Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

HKSE:01752' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.67 Max: 0.9
Current: 0.64

During the past 9 years, the highest Equity to Asset Ratio of Top Education Group was 0.90. The lowest was 0.42. And the median was 0.67.

HKSE:01752's Equity-to-Asset is ranked better than
66.42% of 268 companies
in the Education industry
Industry Median: 0.52 vs HKSE:01752: 0.64

Top Education Group Equity-to-Asset Historical Data

The historical data trend for Top Education 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.

Top Education Group Equity-to-Asset Chart

Top Education Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.90

0.76

0.67

0.64

Top Education Group Semi-Annual Data
	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.66	0.64	0.63	0.64	0.64

Competitive Comparison of Top Education Group's Equity-to-Asset

For the Education & Training Services subindustry, Top Education 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.

Top Education Group's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Top Education Group's Equity-to-Asset distribution charts can be found below:

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

Top Education 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.

Top Education Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	255.051	/	400.792
	=	0.64

Top Education Group'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
	=	257.295	/	404.583
	=	0.64

Top Education Group (HKSE:01752) 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%.

Top Education Group Equity-to-Asset Related Terms

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

Top Education Group (HKSE:01752) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Top Education Group Ltd (HKSE:01752) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Central Avenue, Suite 1, Biomedical Building, Australian Technology Park, Eveleigh, Sydney, NSW, AUS, 2015

Website

https://www.top.edu.au

Top Education Group Ltd offers the provision of private higher education services and English language courses in Australia. The company offers Undergraduate and Postgraduate level degrees in business and accounting areas. Geographically, it operates within Australia. The company generates all of its revenue from Australia.

Executives

Hang Jian Ying	2201 Interest of corporation controlled by you
Lu Qiu Wen	2201 Interest of corporation controlled by you
Yang Qingquan	2101 Beneficial owner
Lee Amen Kwai Ping	2101 Beneficial owner
Chen Shuling	2202 Interest of your spouse
Zhao Long Ji Tuan Kong Gu You Xian Gong Si	2101 Beneficial owner
Huang Xing Shi	2103 Interests held jointly with another person
Lam Josephine Kam Shan	2202 Interest of your spouse
Tristar United Investment Limited	2103 Interests held jointly with another person
Zhu Minshen	2103 Interests held jointly with another person
Liu Zhuo	2202 Interest of your spouse
Wang Xin	2103 Interests held jointly with another person
Xin Jiang Guo Li Min Sheng Gu Quan Tou Zi You Xian Gong Si	2101 Beneficial owner
Pricewaterhousecoopers
Loyal Creation Investment Limited	2101 Beneficial owner

Top Education Group (HKSE:01752) Headlines

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