GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Directel Holdings Ltd (HKSE:08337) » Definitions » Equity-to-Asset

Directel Holdings (HKSE:08337) Equity-to-Asset : 0.80 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Directel Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Directel Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$31.4 Mil. Directel Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$39.1 Mil. Therefore, Directel Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.

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

HKSE:08337' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.86   Max: 0.94
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Directel Holdings was 0.94. The lowest was 0.60. And the median was 0.86.

HKSE:08337's Equity-to-Asset is ranked better than
92.84% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs HKSE:08337: 0.80

Directel Holdings Equity-to-Asset Historical Data

The historical data trend for Directel 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.

Directel Holdings Equity-to-Asset Chart

Directel Holdings 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 0.60 0.92 0.88 0.84 0.80

Directel 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 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 0.84 - 0.80 - 0.80

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

For the Telecom Services subindustry, Directel 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.


Directel Holdings's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Directel Holdings's Equity-to-Asset distribution charts can be found below:

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



Directel 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.

Directel 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
=31.374/39.137
=0.80

Directel 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
=31.374/39.137
=0.80

* 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.


Directel Holdings  (HKSE:08337) 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%.


Directel Holdings Equity-to-Asset Related Terms

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


Directel Holdings (HKSE:08337) Business Description

Traded in Other Exchanges
N/A
Address
No.188 Connaught Road West, Office Nos.1,2,14 and 15, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Directel Holdings Ltd is engaged in the provision of mobile telecommunications services and value-added services. It provides wholesale distribution business services for telecom terminals such as handsets and walkie-talkies, as well as data traffic top-up services for China and Singapore operators. The company has two operating segments: Telecommunications services; and Distribution business Distribution of mobile phones and electronic products and distribution of mobile and data top-up e-vouchers. Geographically, it operates in Hong Kong, Mainland China, and Singapore. It generates a vast majority of revenue from the distribution business in Hong Kong.

Directel Holdings (HKSE:08337) Headlines

No Headlines