The historical rank and industry rank for Icon Culture Global Co's Equity-to-Asset or its related term are showing as below:
HKSE:08500'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54 Med: 0.54 Max: 0.66
Current: -0.54
During the past 7 years, the highest Equity to Asset Ratio of Icon Culture Global Co was 0.66. The lowest was -0.54. And the median was 0.54.
HKSE:08500's Equity-to-Asset is ranked worse than 94.25% of 1061
companies
in the Media - Diversified industry
Industry Median: 0.51
vs HKSE:08500: -0.54
Icon Culture Global Co Equity-to-Asset Historical Data
The historical data trend for Icon Culture Global Co'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.
Competitive Comparison of Icon Culture Global Co's Equity-to-Asset
For the Advertising Agencies subindustry, Icon Culture Global Co'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.
Icon Culture Global Co's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Icon Culture Global Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Icon Culture Global Co's Equity-to-Asset falls into.
Icon Culture Global Co 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.
Icon Culture Global Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Icon Culture Global Co (HKSE:08500) 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%.
Icon Culture Global Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Icon Culture Global Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Icon Culture Global Co (HKSE:08500) Business Description
Icon Culture Global Co Ltd is a multimedia advertising and marketing solution service provider in China. The company provides advertising and marketing solutions covering traditional offline media including both OOH and indoor advertising platforms; online media; public relations, marketing campaigns, and other services to its customers that consist of brand owners, state-owned entities in China, advertising agencies, and government authorities. Its integrated multimedia advertising and marketing solution services are focused on the formulation of advertising strategies for its customers and identifying and sourcing the appropriate advertising resources and formats to maximize the effectiveness of its customers' advertisements.
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