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TH International (TH International) Equity-to-Asset : -0.19 (As of Dec. 2023)


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What is TH International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TH International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-59.8 Mil. TH International's Total Assets for the quarter that ended in Dec. 2023 was $310.3 Mil. Therefore, TH International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.19.

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

THCH' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19   Med: 0.15   Max: 0.74
Current: -0.19

During the past 5 years, the highest Equity to Asset Ratio of TH International was 0.74. The lowest was -0.19. And the median was 0.15.

THCH's Equity-to-Asset is ranked worse than
92.24% of 348 companies
in the Restaurants industry
Industry Median: 0.37 vs THCH: -0.19

TH International Equity-to-Asset Historical Data

The historical data trend for TH International'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.

TH International Equity-to-Asset Chart

TH International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.74 0.26 0.04 -0.19

TH International Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.01 -0.06 -0.19

Competitive Comparison of TH International's Equity-to-Asset

For the Restaurants subindustry, TH International'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.


TH International's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TH International's Equity-to-Asset distribution charts can be found below:

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



TH International 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.

TH International'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
=-59.831/310.277
=-0.19

TH International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-59.831/310.277
=-0.19

* 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.


TH International  (NAS:THCH) 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%.


TH International Equity-to-Asset Related Terms

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


TH International (TH International) Business Description

Traded in Other Exchanges
N/A
Address
227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003
TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops for Restaurant Brands International Inc. It is an emerging coffee champion in China. It builds coffee and bake shop in mainland China. Through its Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company's revenue is derived from operations in the PRC.

TH International (TH International) Headlines