Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TBK & Sons Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$223.9 Mil. TBK & Sons Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$332.6 Mil.
Therefore, TBK & Sons Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.
The historical rank and industry rank for TBK & Sons Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:01960'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.67 Max: 0.84
Current: 0.67
During the past 8 years, the highest Equity to Asset Ratio of TBK & Sons Holdings was 0.84. The lowest was 0.26. And the median was 0.67.
HKSE:01960's Equity-to-Asset is ranked better than 81.38% of 1692
companies
in the Construction industry
Industry Median: 0.45
vs HKSE:01960: 0.67
TBK & Sons Holdings Equity-to-Asset Historical Data
The historical data trend for TBK & Sons 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 TBK & Sons Holdings's Equity-to-Asset
For the Engineering & Construction subindustry, TBK & Sons 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.
TBK & Sons Holdings's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, TBK & Sons Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TBK & Sons Holdings's Equity-to-Asset falls into.
TBK & Sons 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.
TBK & Sons Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
TBK & Sons Holdings (HKSE:01960) 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%.
TBK & Sons Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of TBK & Sons Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
TBK & Sons Holdings (HKSE:01960) Business Description
TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01960 has been successfully added to your 