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EFT Solutions Holdings (HKSE:08062) Equity-to-Asset : 0.83 (As of Sep. 2023)


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What is EFT Solutions Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EFT Solutions Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$125.1 Mil. EFT Solutions Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$151.4 Mil. Therefore, EFT Solutions Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.83.

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

HKSE:08062' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.81   Max: 0.91
Current: 0.83

During the past 9 years, the highest Equity to Asset Ratio of EFT Solutions Holdings was 0.91. The lowest was 0.28. And the median was 0.81.

HKSE:08062's Equity-to-Asset is ranked better than
88.04% of 2851 companies
in the Software industry
Industry Median: 0.55 vs HKSE:08062: 0.83

EFT Solutions Holdings Equity-to-Asset Historical Data

The historical data trend for EFT Solutions 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.

EFT Solutions Holdings Equity-to-Asset Chart

EFT Solutions Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.28 0.84 0.89 0.79 0.86

EFT Solutions Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.79 - 0.86 - 0.83

Competitive Comparison of EFT Solutions Holdings's Equity-to-Asset

For the Software - Infrastructure subindustry, EFT Solutions 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.


EFT Solutions Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, EFT Solutions Holdings's Equity-to-Asset distribution charts can be found below:

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



EFT Solutions 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.

EFT Solutions 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
=124.235/145.303
=0.86

EFT Solutions 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
=125.109/151.358
=0.83

* 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.


EFT Solutions Holdings  (HKSE:08062) 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%.


EFT Solutions Holdings Equity-to-Asset Related Terms

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


EFT Solutions Holdings (HKSE:08062) Business Description

Traded in Other Exchanges
N/A
Address
28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.
Executives
Lam Ching Man 2202 Interest of your spouse
Lo Chun Kit Andrew 2101 Beneficial owner
Lck Group Limited 2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

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