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AV Promotions Holdings (HKSE:08419) Equity-to-Asset : 0.26 (As of Jun. 2024)


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What is AV Promotions Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AV Promotions Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$58.4 Mil. AV Promotions Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$225.6 Mil.

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

HKSE:08419' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.3   Max: 0.46
Current: 0.26

During the past 9 years, the highest Equity to Asset Ratio of AV Promotions Holdings was 0.46. The lowest was 0.12. And the median was 0.30.

HKSE:08419's Equity-to-Asset is ranked worse than
81.67% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs HKSE:08419: 0.26

AV Promotions Holdings Equity-to-Asset Historical Data

The historical data trend for AV Promotions 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.

AV Promotions Holdings Equity-to-Asset Chart

AV Promotions Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.40 0.45 0.43 0.29 0.24

AV Promotions Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 0.29 - 0.24 0.26

Competitive Comparison of AV Promotions Holdings's Equity-to-Asset

For the Specialty Business Services subindustry, AV Promotions 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.


AV Promotions Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, AV Promotions Holdings's Equity-to-Asset distribution charts can be found below:

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



AV Promotions 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.

AV Promotions 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
=58.353/240.883
=0.24

AV Promotions Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=58.394/225.575
=

* 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.


AV Promotions Holdings  (HKSE:08419) 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%.


AV Promotions Holdings Equity-to-Asset Related Terms

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AV Promotions Holdings Business Description

Traded in Other Exchanges
N/A
Address
2 Lee Lok Street, Oceanic Industrial Centre, Units 1–15 & 25–27, 19th Floor, Ap Lei Chau, Hong Kong, HKG
AV Promotions Holdings Ltd is a lighting and audio solutions provider. The group provides visual, lighting, and audio solutions services to its customers at various events, including exhibitions, ceremonies, conferences, TV shows, product launches, concerts, and other types of events The company operates in the PRC, Hong Kong, and Macau, of which key revenue is derived from PRC.
Executives
Kong Suet Yau 2202 Interest of your spouse
Wong Man Por 2201 Interest of corporation controlled by you
Jumbo Fame Company Limited 2201 Interest of corporation controlled by you
Mega King Elite Investment Limited 2101 Beneficial owner
Trident Trust Company (hk) Limited 2301 Trustee

AV Promotions Holdings Headlines

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