Global Digital Creations Holdings (HKSE:08271) Equity-to-Asset : 0.79 (As of Dec. 2023)

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What is Global Digital Creations Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Digital Creations Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$432.88 Mil. Global Digital Creations Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$545.08 Mil. Therefore, Global Digital Creations Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

HKSE:08271' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72 Med: 0.79 Max: 0.83
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Global Digital Creations Holdings was 0.83. The lowest was 0.72. And the median was 0.79.

HKSE:08271's Equity-to-Asset is ranked better than
84.87% of 1051 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:08271: 0.79

Global Digital Creations Holdings Equity-to-Asset Historical Data

The historical data trend for Global Digital Creations 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 Digital Creations Holdings Equity-to-Asset Chart

Global Digital Creations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.76

0.72

0.73

0.79

Global Digital Creations Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.73	-	0.73	-	0.79

Competitive Comparison of Global Digital Creations Holdings's Equity-to-Asset

For the Entertainment subindustry, Global Digital Creations 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 Digital Creations Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Global Digital Creations Holdings's Equity-to-Asset distribution charts can be found below:

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

Global Digital Creations 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 Digital Creations 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
	=	432.883	/	545.081
	=	0.79

Global Digital Creations 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
	=	432.883	/	545.081
	=	0.79

Global Digital Creations Holdings (HKSE:08271) 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 Digital Creations Holdings Equity-to-Asset Related Terms

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

Global Digital Creations Holdings (HKSE:08271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Global Digital Creations Holdings Ltd (HKSE:08271) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Java Road, Unit 1606, 16th Floor, K. Wah Centre, North Point, Hong Kong, HKG

Website

http://www.gdc-world.com

Global Digital Creations Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in computer graphic (CG) creation and production. It operates in two segments Interactive Entertainment and Digital Assets segment including Interactive Entertainment and Digital Assets, an exhibition of television series and movies as well as the production of animated films. It is New Cultural and Sports Space segment that includes integrating culture and technology development business the original business of property leasing and building management services and new businesses. It operates in China, South Korea, Hong Kong, and other countries, of which the majority of the revenue comes from China.

Executives

Shougang Group Co., Ltd.	2201 Interest of corporation controlled by you
Chen Zheng	2101 Beneficial owner
Shougang Holding (hong Kong) Limited	2201 Interest of corporation controlled by you
Upper Nice Assets Ltd.	2101 Beneficial owner

Global Digital Creations Holdings (HKSE:08271) Headlines

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