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Rykadan Capital (HKSE:02288) Equity-to-Asset : 0.75 (As of Mar. 2024)


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What is Rykadan Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rykadan Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$861.4 Mil. Rykadan Capital's Total Assets for the quarter that ended in Mar. 2024 was HK$1,147.6 Mil. Therefore, Rykadan Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.75.

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

HKSE:02288' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.73   Max: 0.83
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Rykadan Capital was 0.83. The lowest was 0.44. And the median was 0.73.

HKSE:02288's Equity-to-Asset is ranked better than
85.45% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs HKSE:02288: 0.78

Rykadan Capital Equity-to-Asset Historical Data

The historical data trend for Rykadan Capital'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.

Rykadan Capital Equity-to-Asset Chart

Rykadan Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.83 0.78 0.76 0.75

Rykadan Capital Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.79 0.76 0.74 0.75 0.78

Competitive Comparison of Rykadan Capital's Equity-to-Asset

For the Real Estate - Development subindustry, Rykadan Capital'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.


Rykadan Capital's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rykadan Capital's Equity-to-Asset distribution charts can be found below:

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



Rykadan Capital 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.

Rykadan Capital's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=861.373/1147.602
=0.75

Rykadan Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=861.373/1147.602
=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.


Rykadan Capital  (HKSE:02288) 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%.


Rykadan Capital Equity-to-Asset Related Terms

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


Rykadan Capital Business Description

Traded in Other Exchanges
N/A
Address
135 Hoi Bun Road, Rooms 2701 and 2801, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Rykadan Capital Ltd is an investment holding company. Its businesses are Property development, Property investment, Asset investment and fund management, and Distribution of construction and interior decorative materials. The key revenue is derived from the Property development segment which comprises repositioning and value enhancement of property with a focus on development projects in prime locations in Hong Kong, the United Kingdom, and the United States. Geographically, it derives a majority of revenue from the United Kingdom.
Executives
Chan William 2201 Interest of corporation controlled by you
Rykadan Holdings Limited 2201 Interest of corporation controlled by you
Scenemay Holdings Limited 2101 Beneficial owner
Tiger Crown Limited 2401 A concert party to an agreement to buy shares
Li Wing Yin 2201 Interest of corporation controlled by you
Li Chu Kwan 2201 Interest of corporation controlled by you
Ng Tak Kwan

Rykadan Capital Headlines

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