Hubei Voicecomm Technology Co (HKSE:02495) Equity-to-Asset : -0.37 (As of Jun. 2024)

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What is Hubei Voicecomm Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hubei Voicecomm Technology Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$-650.9 Mil. Hubei Voicecomm Technology Co's Total Assets for the quarter that ended in Jun. 2024 was HK$1,759.4 Mil.

The historical rank and industry rank for Hubei Voicecomm Technology Co's Equity-to-Asset or its related term are showing as below:

HKSE:02495' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.37 Med: 0.01 Max: 0.23
Current: -0.37

During the past 4 years, the highest Equity to Asset Ratio of Hubei Voicecomm Technology Co was 0.23. The lowest was -0.37. And the median was 0.01.

HKSE:02495's Equity-to-Asset is ranked worse than
94.39% of 2833 companies
in the Software industry
Industry Median: 0.55 vs HKSE:02495: -0.37

Hubei Voicecomm Technology Co Equity-to-Asset Historical Data

The historical data trend for Hubei Voicecomm Technology Co'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.

Hubei Voicecomm Technology Co Equity-to-Asset Chart

Hubei Voicecomm Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.23

0.17

0.02

-0.01

Hubei Voicecomm Technology Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial			0.02	-	-0.03	-0.01	-0.37

Competitive Comparison of Hubei Voicecomm Technology Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Hubei Voicecomm Technology Co'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.

Hubei Voicecomm Technology Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hubei Voicecomm Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hubei Voicecomm Technology Co's Equity-to-Asset falls into.

Hubei Voicecomm Technology Co 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.

Hubei Voicecomm Technology Co'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
	=	-12.779	/	1509.559
	=	-0.01

Hubei Voicecomm Technology Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-650.949	/	1759.373
	=

Hubei Voicecomm Technology Co (HKSE:02495) 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%.

Hubei Voicecomm Technology Co Equity-to-Asset Related Terms

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

Hubei Voicecomm Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hubei Voicecomm Technology Co Ltd (HKSE:02495) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gudai Road, 7DEF, Building G, Weijing Center, No. 2337, Minhang District, Shanghai, CHN

Website

http://www.voicecomm.cn

Hubei Voicecomm Technology Co Ltd formerly Shanghai Voicecomm Information Technology Co Ltd is an IT solution provider in China. It provide services for enterprise-level users to improve the level of convenience and intelligence for their information exchanges and business interactions. The solutions are built upon technologies comprising core conversational AI technologies, unified communication technologies, and other AI and computer technologies. It offers Voicecomm Brain, technology infrastructure, and Voicecomm Suites. The principal activities of the group are provision of on-premised integrated enterprise-level solutions including software license, hardware and services.

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