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HPH (Highest Performances Holdings) Equity-to-Asset : 0.30 (As of Jun. 2024)


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What is Highest Performances Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Highest Performances Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $177.1 Mil. Highest Performances Holdings's Total Assets for the quarter that ended in Jun. 2024 was $589.7 Mil. Therefore, Highest Performances Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.30.

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

HPH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.8   Max: 0.85
Current: 0.3

During the past 8 years, the highest Equity to Asset Ratio of Highest Performances Holdings was 0.85. The lowest was 0.30. And the median was 0.80.

HPH's Equity-to-Asset is ranked worse than
90.9% of 1682 companies
in the Asset Management industry
Industry Median: 0.84 vs HPH: 0.30

Highest Performances Holdings Equity-to-Asset Historical Data

The historical data trend for Highest Performances 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.

Highest Performances Holdings Equity-to-Asset Chart

Highest Performances Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial 0.85 0.69 0.56 0.82 0.30

Highest Performances Holdings Semi-Annual Data
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 0.56 0.71 0.82 0.30 0.30

Competitive Comparison of Highest Performances Holdings's Equity-to-Asset

For the Asset Management subindustry, Highest Performances 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.


Highest Performances Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Equity-to-Asset distribution charts can be found below:

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



Highest Performances 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.

Highest Performances Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=177.143/589.67
=0.30

Highest Performances 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
=177.143/589.67
=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.


Highest Performances Holdings  (NAS:HPH) 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%.


Highest Performances Holdings Equity-to-Asset Related Terms

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


Highest Performances Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Zhujiang West Road, 42nd Floor, Pearl River Tower, Zhujiang New Town, Tianhe, Guangdong Province, Guangzhou, CHN
Highest Performances Holdings Inc is a financial technology service group based on family financial asset allocation. The Group operate theree segments: (1) the insurance agency segment, which mainly consists of providing agency services for a wide range of life and non-life insurance products to individual clients, (2) the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services, and (3) the wealth management segment, which mainly consists of providing distribution and managing wealth management services. Maximum revenue is from The Insurance Agency Segment.