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Easy Smart Group Holdings (HKSE:02442) Equity-to-Asset : 0.93 (As of Dec. 2024)


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What is Easy Smart Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Easy Smart Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$224.8 Mil. Easy Smart Group Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$241.1 Mil. Therefore, Easy Smart Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.93.

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

HKSE:02442' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.91   Max: 0.94
Current: 0.93

During the past 5 years, the highest Equity to Asset Ratio of Easy Smart Group Holdings was 0.94. The lowest was 0.46. And the median was 0.91.

HKSE:02442's Equity-to-Asset is ranked better than
97.59% of 1077 companies
in the Business Services industry
Industry Median: 0.51 vs HKSE:02442: 0.93

Easy Smart Group Holdings Equity-to-Asset Historical Data

The historical data trend for Easy Smart Group 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.

Easy Smart Group Holdings Equity-to-Asset Chart

Easy Smart Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
0.46 0.64 0.79 0.91 0.92

Easy Smart Group Holdings Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial - 0.91 0.94 0.92 0.93

Competitive Comparison of Easy Smart Group Holdings's Equity-to-Asset

For the Security & Protection Services subindustry, Easy Smart Group 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.


Easy Smart Group Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Equity-to-Asset distribution charts can be found below:

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


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Easy Smart Group 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.

Easy Smart Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=292.709/318.894
=0.92

Easy Smart Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=224.768/241.1
=0.93

* 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.


Easy Smart Group Holdings  (HKSE:02442) 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%.


Easy Smart Group Holdings Equity-to-Asset Related Terms

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


Easy Smart Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
135-137 Tung Chau Street, Unit A, 10th Floor, Ming Tak Centre, Kowloon, Hong Kong, HKG
Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services.
Executives
Lofty Profit Investments Limited 2101 Beneficial owner
Ng Wing Woon Dave 2201 Interest of corporation controlled by you
Wong Kwai Ying 2202 Interest of your spouse

Easy Smart Group Holdings Headlines

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