Palasino Holdings (HKSE:02536) Equity-to-Asset : 0.51 (As of Sep. 2023)

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What is Palasino Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Palasino Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$267.9 Mil. Palasino Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$529.0 Mil.

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

HKSE:02536' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51 Med: 0.58 Max: 0.6
Current: 0.51

During the past 3 years, the highest Equity to Asset Ratio of Palasino Holdings was 0.60. The lowest was 0.51. And the median was 0.58.

HKSE:02536's Equity-to-Asset is ranked better than
52.74% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs HKSE:02536: 0.51

Palasino Holdings Equity-to-Asset Historical Data

The historical data trend for Palasino 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.

Palasino Holdings Equity-to-Asset Chart

Palasino Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.59

0.60

0.57

Palasino Holdings Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	0.59	0.60	-	0.57	0.51

Competitive Comparison of Palasino Holdings's Equity-to-Asset

For the Resorts & Casinos subindustry, Palasino 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.

Palasino Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Palasino Holdings's Equity-to-Asset distribution charts can be found below:

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

Palasino 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.

Palasino Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	348.986	/	616.815
	=	0.57

Palasino Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	267.856	/	528.977
	=

Palasino Holdings (HKSE:02536) 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%.

Palasino Holdings Equity-to-Asset Related Terms

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

Palasino Holdings (HKSE:02536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Palasino Holdings Ltd (HKSE:02536) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Des Voeux Road Central, 16 floor, Far East Consortium Building, Hong Kong, HKG

Website

https://www.palasinoholdings.com

Palasino Holdings Ltd is an entertainment, gaming, and leisure group comprising (i) one integrated land-based casino and resort and two full-service land-based casinos operating in the Czech Republic, offering primarily slot machines and table games, and (ii) three hotels in Germany and one hotel in Austria that offer accommodation, catering, conference, and leisure services. It operates into two reportable segments: Gaming operations - operation of casinos and Hotel and catering operations - operation of hotel, catering, and related services. Key revenue is generated from Gaming operations - operation of casinos.

Executives

Chiu David	2201 Interest of corporation controlled by you
Chiu Ng Nancy	2202 Interest of your spouse
Far East Organization (international) Limited	2201 Interest of corporation controlled by you
Sumptuous Assets Limited	2201 Interest of corporation controlled by you
Ample Bonus Limited	2101 Beneficial owner
Far East Consortium International Limited	2201 Interest of corporation controlled by you
Blossom Industrial Investment Limited	2201 Interest of corporation controlled by you
Blossom International Investment Holdings Limited	2201 Interest of corporation controlled by you
Blossom Investment Consultant Limited	2201 Interest of corporation controlled by you
Yang Fang	2201 Interest of corporation controlled by you

Palasino Holdings (HKSE:02536) Headlines

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