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HKTTY (HKT Trust and HKT) Equity-to-Asset : 0.30 (As of Jun. 2024)


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What is HKT Trust and HKT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HKT Trust and HKT's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $4,337 Mil. HKT Trust and HKT's Total Assets for the quarter that ended in Jun. 2024 was $14,561 Mil. Therefore, HKT Trust and HKT's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.30.

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

HKTTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.38   Max: 0.42
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of HKT Trust and HKT was 0.42. The lowest was 0.30. And the median was 0.38.

HKTTY's Equity-to-Asset is ranked worse than
64.92% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.395 vs HKTTY: 0.30

HKT Trust and HKT Equity-to-Asset Historical Data

The historical data trend for HKT Trust and HKT'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.

HKT Trust and HKT Equity-to-Asset Chart

HKT Trust and HKT 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 0.38 0.37 0.34 0.33 0.32

HKT Trust and HKT Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.33 0.33 0.32 0.32 0.30

Competitive Comparison of HKT Trust and HKT's Equity-to-Asset

For the Telecom Services subindustry, HKT Trust and HKT'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.


HKT Trust and HKT's Equity-to-Asset Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where HKT Trust and HKT's Equity-to-Asset falls into.



HKT Trust and HKT 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.

HKT Trust and HKT'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
=4521.499/14356.065
=0.31

HKT Trust and HKT'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
=4337.26/14561.076
=0.30

* 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.


HKT Trust and HKT  (OTCPK:HKTTY) 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%.


HKT Trust and HKT Equity-to-Asset Related Terms

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HKT Trust and HKT Business Description

Traded in Other Exchanges
Address
979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing technology and telecommunications and related services including enterprise solutions, total home solutions, healthtech services, and media entertainment. The Mobile segment represents mobile telecommunications businesses in Hong Kong, and the other segment comprises other new businesses such as The Club's loyalty platform and HKT Financial Services, and corporate support functions. The company's key revenue is generated from Hong Kong.