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iSoftstone Information Technology (Group) Co (SZSE:301236) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is iSoftstone Information Technology (Group) Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iSoftstone Information Technology (Group) Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥10,281 Mil. iSoftstone Information Technology (Group) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥21,145 Mil. Therefore, iSoftstone Information Technology (Group) Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

The historical rank and industry rank for iSoftstone Information Technology (Group) Co's Equity-to-Asset or its related term are showing as below:

SZSE:301236' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 0.72
Current: 0.49

During the past 7 years, the highest Equity to Asset Ratio of iSoftstone Information Technology (Group) Co was 0.72. The lowest was 0.34. And the median was 0.49.

SZSE:301236's Equity-to-Asset is ranked worse than
57.34% of 2846 companies
in the Software industry
Industry Median: 0.55 vs SZSE:301236: 0.49

iSoftstone Information Technology (Group) Co Equity-to-Asset Historical Data

The historical data trend for iSoftstone Information Technology (Group) 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.

* Premium members only.

iSoftstone Information Technology (Group) Co Equity-to-Asset Chart

iSoftstone Information Technology (Group) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.41 0.45 0.48 0.67 0.68

iSoftstone Information Technology (Group) Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.71 0.72 0.68 0.49

Competitive Comparison of iSoftstone Information Technology (Group) Co's Equity-to-Asset

For the Information Technology Services subindustry, iSoftstone Information Technology (Group) 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.


iSoftstone Information Technology (Group) Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, iSoftstone Information Technology (Group) Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where iSoftstone Information Technology (Group) Co's Equity-to-Asset falls into.



iSoftstone Information Technology (Group) 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.

iSoftstone Information Technology (Group) Co'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
=10560.921/15617.529
=0.68

iSoftstone Information Technology (Group) Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=10281.105/21144.881
=0.49

* 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.


iSoftstone Information Technology (Group) Co  (SZSE:301236) 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%.


iSoftstone Information Technology (Group) Co Equity-to-Asset Related Terms

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iSoftstone Information Technology (Group) Co (SZSE:301236) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Northwest Wangdong Road, Room 502, 5th Floor, Building 16, East District, Haidian District, Beijing, CHN, 100193
iSoftstone Information Technology (Group) Co Ltd is engaged in providing end-to-end software and digital technology services and digital operations services.

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