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Grand Fortune High Grade (LSE:GFHG) Equity-to-Asset : 0.95 (As of Oct. 2023)


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What is Grand Fortune High Grade Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grand Fortune High Grade's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £1.04 Mil. Grand Fortune High Grade's Total Assets for the quarter that ended in Oct. 2023 was £1.09 Mil.

The historical rank and industry rank for Grand Fortune High Grade's Equity-to-Asset or its related term are showing as below:

LSE:GFHG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95   Med: 0.99   Max: 1
Current: 0.95

During the past 6 years, the highest Equity to Asset Ratio of Grand Fortune High Grade was 1.00. The lowest was 0.95. And the median was 0.99.

LSE:GFHG's Equity-to-Asset is not ranked
in the Education industry.
Industry Median: 0.52 vs LSE:GFHG: 0.95

Grand Fortune High Grade Equity-to-Asset Historical Data

The historical data trend for Grand Fortune High Grade'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.

Grand Fortune High Grade Equity-to-Asset Chart

Grand Fortune High Grade Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.99 0.98 0.98 0.97

Grand Fortune High Grade Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.98 0.99 0.97 0.95

Competitive Comparison of Grand Fortune High Grade's Equity-to-Asset

For the Education & Training Services subindustry, Grand Fortune High Grade'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.

Grand Fortune High Grade's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Fortune High Grade's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grand Fortune High Grade's Equity-to-Asset falls into.


Grand Fortune High Grade 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.

Grand Fortune High Grade's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=1.379/1.426
=0.97

Grand Fortune High Grade's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=1.043/1.093
=

* 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.

Grand Fortune High Grade  (LSE:GFHG) 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%.

Grand Fortune High Grade Equity-to-Asset Related Terms

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

Grand Fortune High Grade (LSE:GFHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Equity-to-Asset
Comparable Companies
BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312
Traded in Other Exchanges
N/A
Address
No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Website
http://www.gf-hg.com
Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

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