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MOG Digitech Holdings (HKSE:01942) Equity-to-Asset : 0.75 (As of Sep. 2022)


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What is MOG Digitech Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MOG Digitech Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2022 was HK$486.8 Mil. MOG Digitech Holdings's Total Assets for the quarter that ended in Sep. 2022 was HK$650.1 Mil. Therefore, MOG Digitech Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.75.

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

HKSE:01942's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.64
* Ranked among companies with meaningful Equity-to-Asset only.

MOG Digitech Holdings Equity-to-Asset Historical Data

The historical data trend for MOG Digitech 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.

MOG Digitech Holdings Equity-to-Asset Chart

MOG Digitech Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21
Equity-to-Asset
0.39 0.46 0.52 0.52 0.73

MOG Digitech Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.66 0.73 0.74 0.39 0.75

Competitive Comparison of MOG Digitech Holdings's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, MOG Digitech 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.


MOG Digitech Holdings's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



MOG Digitech 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.

MOG Digitech Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Equity to Asset (A: Mar. 2021 )=Total Stockholders Equity/Total Assets
=227.127/312.17
=0.73

MOG Digitech Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=486.769/650.144
=0.75

* 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.


MOG Digitech Holdings  (HKSE:01942) 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%.


MOG Digitech Holdings Equity-to-Asset Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Traded in Other Exchanges
N/A
Address
No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015
MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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