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Kangda International Environmental Co (HKSE:06136) Equity-to-Asset : 0.30 (As of Dec. 2023)


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What is Kangda International Environmental Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kangda International Environmental Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,247 Mil. Kangda International Environmental Co's Total Assets for the quarter that ended in Dec. 2023 was HK$21,030 Mil. Therefore, Kangda International Environmental Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

The historical rank and industry rank for Kangda International Environmental Co's Equity-to-Asset or its related term are showing as below:

HKSE:06136' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.29   Max: 0.37
Current: 0.3

During the past 11 years, the highest Equity to Asset Ratio of Kangda International Environmental Co was 0.37. The lowest was 0.25. And the median was 0.29.

HKSE:06136's Equity-to-Asset is ranked worse than
66.8% of 518 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs HKSE:06136: 0.30

Kangda International Environmental Co Equity-to-Asset Historical Data

The historical data trend for Kangda International Environmental 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.

Kangda International Environmental Co Equity-to-Asset Chart

Kangda International Environmental Co 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 0.26 0.28 0.29 0.30 0.30

Kangda International Environmental Co 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 0.29 0.29 0.30 0.30 0.30

Competitive Comparison of Kangda International Environmental Co's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Kangda International Environmental 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.


Kangda International Environmental Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kangda International Environmental Co's Equity-to-Asset falls into.



Kangda International Environmental 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.

Kangda International Environmental 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
=6247.434/21030.483
=0.30

Kangda International Environmental Co'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
=6247.434/21030.483
=0.30

* 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.


Kangda International Environmental Co  (HKSE:06136) 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%.


Kangda International Environmental Co Equity-to-Asset Related Terms

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


Kangda International Environmental Co (HKSE:06136) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN
Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.
Executives
Bpea Eqt Holdings Ab 2201 Interest of corporation controlled by you
Eqt Ab 2201 Interest of corporation controlled by you
Salata Jean Eric 2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian) 2401 A concert party to an agreement to buy shares
Zhao Sizhen 2201 Interest of corporation controlled by you
Kangda Holdings Company Limited 2101 Beneficial owner
China Water Affairs Group Limited 2201 Interest of corporation controlled by you
Sharp Profit Investments Limited 2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

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