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Kidztech Holdings (HKSE:06918) Equity-to-Asset : 0.50 (As of Jun. 2023)


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What is Kidztech Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kidztech Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$423.1 Mil. Kidztech Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$844.2 Mil. Therefore, Kidztech Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.50.

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

HKSE:06918' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.58   Max: 0.7
Current: 0.5

During the past 7 years, the highest Equity to Asset Ratio of Kidztech Holdings was 0.70. The lowest was 0.50. And the median was 0.58.

HKSE:06918's Equity-to-Asset is not ranked
in the Travel & Leisure industry.
Industry Median: 0.49 vs HKSE:06918: 0.50

Kidztech Holdings Equity-to-Asset Historical Data

The historical data trend for Kidztech 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.

Kidztech Holdings Equity-to-Asset Chart

Kidztech Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.57 0.63 0.57 0.54

Kidztech Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.57 0.50 0.54 0.50

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

For the Leisure subindustry, Kidztech 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.


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

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

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



Kidztech 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.

Kidztech Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=444.843/822.712
=0.54

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

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=423.126/844.18
=0.50

* 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.


Kidztech Holdings  (HKSE:06918) 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%.


Kidztech Holdings Equity-to-Asset Related Terms

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Kidztech Holdings (HKSE:06918) Business Description

Traded in Other Exchanges
N/A
Address
94 Granville Road, Room 802, 8thFloor, Inter-Continental Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong followed by Mainland China.
Executives
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you
Chen Cheng 2202 Interest of your spouse
Top Synergy Y&c Limited 2101 Beneficial owner
Yu Huang 2201 Interest of corporation controlled by you
Motivational Mathematics Limited 2101 Beneficial owner
Wu Xiongbin 2201 Interest of corporation controlled by you
He Jingxing 2201 Interest of corporation controlled by you
Charming Flair Limited 2101 Beneficial owner
Chen Chongjian 2201 Interest of corporation controlled by you
Gold-face Finance Limited 2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang 2201 Interest of corporation controlled by you
Ng Mo Sum 2201 Interest of corporation controlled by you
Wu Shu Peng 2202 Interest of your spouse

Kidztech Holdings (HKSE:06918) Headlines

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