GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tai Kam Holdings Ltd (HKSE:08321) » Definitions » Equity-to-Asset

Tai Kam Holdings (HKSE:08321) Equity-to-Asset : 0.73 (As of Oct. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Tai Kam Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tai Kam Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$71.88 Mil. Tai Kam Holdings's Total Assets for the quarter that ended in Oct. 2023 was HK$98.96 Mil. Therefore, Tai Kam Holdings's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.73.

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

HKSE:08321' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.76   Max: 0.84
Current: 0.77

During the past 10 years, the highest Equity to Asset Ratio of Tai Kam Holdings was 0.84. The lowest was 0.51. And the median was 0.76.

HKSE:08321's Equity-to-Asset is ranked better than
90.97% of 1739 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:08321: 0.77

Tai Kam Holdings Equity-to-Asset Historical Data

The historical data trend for Tai Kam 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.

Tai Kam Holdings Equity-to-Asset Chart

Tai Kam Holdings Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.75 0.76 0.81 0.77

Tai Kam Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24
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 - 0.81 - 0.73 0.77

Competitive Comparison of Tai Kam Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Tai Kam 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.


Tai Kam Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tai Kam Holdings's Equity-to-Asset distribution charts can be found below:

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



Tai Kam 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.

Tai Kam Holdings's Equity to Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

Equity to Asset (A: Apr. 2024 )=Total Stockholders Equity/Total Assets
=64.787/83.907
=0.77

Tai Kam Holdings's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=71.875/98.961
=0.73

* 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.


Tai Kam Holdings  (HKSE:08321) 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%.


Tai Kam Holdings Equity-to-Asset Related Terms

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


Tai Kam Holdings Business Description

Traded in Other Exchanges
N/A
Address
99-105 Des Voeux Road Central, 2/F, Dah Sing Life Building, Hong Kong, HKG
Tai Kam Holdings Ltd is an investment holding company principally engaged in site formation works and renovation works. Geographically, it operates and derives revenue from Hong Kong. The company undertakes slope and retaining wall works as the main contractor. The slope works of the group involve the construction of landslips, the construction of retaining walls, the construction of inclined pipes, and others.

Tai Kam Holdings Headlines

No Headlines