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Global Sweeteners Holdings (HKSE:03889) Equity-to-Asset : -0.65 (As of Dec. 2023)


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What is Global Sweeteners Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Sweeteners Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$-375.9 Mil. Global Sweeteners Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$575.4 Mil. Therefore, Global Sweeteners Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.65.

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

HKSE:03889' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.98   Med: -0.24   Max: 0.34
Current: -0.65

During the past 13 years, the highest Equity to Asset Ratio of Global Sweeteners Holdings was 0.34. The lowest was -0.98. And the median was -0.24.

HKSE:03889's Equity-to-Asset is ranked worse than
96.43% of 1933 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:03889: -0.65

Global Sweeteners Holdings Equity-to-Asset Historical Data

The historical data trend for Global Sweeteners 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.

Global Sweeteners Holdings Equity-to-Asset Chart

Global Sweeteners Holdings 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 -0.29 -0.32 -0.53 -0.98 -0.65

Global Sweeteners Holdings 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 -0.53 -0.77 -0.98 -1.07 -0.65

Competitive Comparison of Global Sweeteners Holdings's Equity-to-Asset

For the Packaged Foods subindustry, Global Sweeteners 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.


Global Sweeteners Holdings's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Sweeteners Holdings's Equity-to-Asset distribution charts can be found below:

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



Global Sweeteners 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.

Global Sweeteners Holdings'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
=-375.924/575.357
=-0.65

Global Sweeteners Holdings'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
=-375.924/575.357
=-0.65

* 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.


Global Sweeteners Holdings  (HKSE:03889) 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%.


Global Sweeteners Holdings Equity-to-Asset Related Terms

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


Global Sweeteners Holdings (HKSE:03889) Business Description

Traded in Other Exchanges
Address
18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG
Global Sweeteners Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in the manufacturing and selling of corn refined products and corn-based sweetener products. Its segments include Corn refined products segment and Corn sweeteners segment. The Corn refined products segment which comprises the manufacture and sale of corn starch, gluten meal, corn oil and other corn refined products. The Corn sweeteners segment which comprises the manufacture and sale of glucose syrup, maltose syrup, high fructose corn syrup, crystallized glucose, and maltodextrin.
Executives
Wang Tieguang 2101 Beneficial owner
Kong Zhanpeng 2101 Beneficial owner
Hong Kong Huasheng Company Limited 2101 Beneficial owner
Li Tingsheng 2201 Interest of corporation controlled by you
Ji Lin Sheng Hua Sheng Shang Mao You Xian Gong Si 2201 Interest of corporation controlled by you
Global Bio-chem Technology Group Company Limited 2201 Interest of corporation controlled by you
Global Corn Bio-chem Technology Company Limited 2101 Beneficial owner
Modern Agricultural Industry Investment Holdings Limited 2201 Interest of corporation controlled by you
Modern Agricultural Industry Investment Limited 2201 Interest of corporation controlled by you
Ji Lin Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Tou Zi Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Ji Lin Sheng Nong Ye Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hartington Profits Limited 2101 Beneficial owner

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