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Sinotrans Shipping (Sinotrans Shipping) Equity-to-Asset : 0.84 (As of Jun. 2018)


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What is Sinotrans Shipping Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sinotrans Shipping's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $1,836.95 Mil. Sinotrans Shipping's Total Assets for the quarter that ended in Jun. 2018 was $2,185.65 Mil. Therefore, Sinotrans Shipping's Equity to Asset Ratio for the quarter that ended in Jun. 2018 was 0.84.

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

SSLYY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.96   Max: 0.99
Current: 0.84

During the past 12 years, the highest Equity to Asset Ratio of Sinotrans Shipping was 0.99. The lowest was 0.83. And the median was 0.96.

SSLYY's Equity-to-Asset is not ranked
in the Transportation industry.
Industry Median: 0.49 vs SSLYY: 0.84

Sinotrans Shipping Equity-to-Asset Historical Data

The historical data trend for Sinotrans Shipping'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.

Sinotrans Shipping Equity-to-Asset Chart

Sinotrans Shipping Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.85 0.87 0.86 0.83

Sinotrans Shipping Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.87 0.86 0.84 0.83 0.84

Competitive Comparison of Sinotrans Shipping's Equity-to-Asset

For the Marine Shipping subindustry, Sinotrans Shipping'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.


Sinotrans Shipping's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sinotrans Shipping's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sinotrans Shipping's Equity-to-Asset falls into.



Sinotrans Shipping 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.

Sinotrans Shipping's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=1817.028/2188.946
=0.83

Sinotrans Shipping's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=1836.947/2185.645
=0.84

* 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.


Sinotrans Shipping  (GREY:SSLYY) 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%.


Sinotrans Shipping Equity-to-Asset Related Terms

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Sinotrans Shipping (Sinotrans Shipping) Business Description

Traded in Other Exchanges
N/A
Address
Sinotrans Shipping is a transportation and logistics company, domiciled in Hong Kong. The company organises itself into three segments: container shipping, dry bulk shipping, and others. Container shipping, which contributes the majority of revenue, transports shipping containers and provides freight forwarding services. Dry bulk shipping, the next most significant segment, transports ocean freight and includes charter hire income. The others segment includes ship management and the liquefied natural gas business. The company derives the majority of revenue from Asia.

Sinotrans Shipping (Sinotrans Shipping) Headlines

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