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Casablanca Group (HKSE:02223) Equity-to-Asset : 0.82 (As of Dec. 2023)


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What is Casablanca Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Casablanca Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$383.9 Mil. Casablanca Group's Total Assets for the quarter that ended in Dec. 2023 was HK$466.3 Mil. Therefore, Casablanca Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.82.

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

HKSE:02223' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.79   Max: 0.84
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Casablanca Group was 0.84. The lowest was 0.60. And the median was 0.79.

HKSE:02223's Equity-to-Asset is ranked better than
87.67% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HKSE:02223: 0.82

Casablanca Group Equity-to-Asset Historical Data

The historical data trend for Casablanca 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.

Casablanca Group Equity-to-Asset Chart

Casablanca Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.83 0.78 0.81 0.82

Casablanca Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.80 0.81 0.83 0.82

Competitive Comparison of Casablanca Group's Equity-to-Asset

For the Textile Manufacturing subindustry, Casablanca 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.


Casablanca Group's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Casablanca Group's Equity-to-Asset distribution charts can be found below:

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



Casablanca 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.

Casablanca Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=383.917/466.275
=0.82

Casablanca 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
=383.917/466.275
=0.82

* 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.


Casablanca Group  (HKSE:02223) 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%.


Casablanca Group Equity-to-Asset Related Terms

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


Casablanca Group (HKSE:02223) Business Description

Traded in Other Exchanges
N/A
Address
9-13 Wong Chuk Yeung Street, 5th floor, Yan Hing Centre, Fotan, New Territories, Hong Kong, HKG
Casablanca Group Ltd is engaged in the design, production, distribution and retailing of home textile products and accessories. The company sells products including bedding sets, quilts, pillows, blankets, mattresses, towels and other household items under Casablanca, Casa Calvin and CASA-V brands. The company has operations in Hong Kong and Macau, the People's Republic of China, and others. The majority of its revenue is derived from Hong Kong and Macau.
Executives
Cheng Sze Kin 2202 Interest of your spouse
Wong Pik Hung 2202 Interest of your spouse
Cheng Sze Tsan 2101 Beneficial owner

Casablanca Group (HKSE:02223) Headlines

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