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Cathay Financial Holding Co (TPE:2882) Equity-to-Asset : 0.07 (As of Dec. 2024)


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What is Cathay Financial Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cathay Financial Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$888,692 Mil. Cathay Financial Holding Co's Total Assets for the quarter that ended in Dec. 2024 was NT$13,767,150 Mil. Therefore, Cathay Financial Holding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.07.

The historical rank and industry rank for Cathay Financial Holding Co's Equity-to-Asset or its related term are showing as below:

TPE:2882' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.08
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Cathay Financial Holding Co was 0.08. The lowest was 0.05. And the median was 0.06.

TPE:2882's Equity-to-Asset is ranked worse than
83.74% of 492 companies
in the Insurance industry
Industry Median: 0.25 vs TPE:2882: 0.07

Cathay Financial Holding Co Equity-to-Asset Historical Data

The historical data trend for Cathay Financial Holding 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.

Cathay Financial Holding Co Equity-to-Asset Chart

Cathay Financial Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.05 0.06 0.07

Cathay Financial Holding Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.06 0.07 0.07 0.07 0.07

Competitive Comparison of Cathay Financial Holding Co's Equity-to-Asset

For the Insurance - Life subindustry, Cathay Financial Holding 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.


Cathay Financial Holding Co's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Cathay Financial Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cathay Financial Holding Co's Equity-to-Asset falls into.


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Cathay Financial Holding 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.

Cathay Financial Holding Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=888691.521/13767150.337
=0.06

Cathay Financial Holding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=888691.521/13767150.337
=0.06

* 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.


Cathay Financial Holding Co  (TPE:2882) 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%.


Cathay Financial Holding Co Equity-to-Asset Related Terms

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


Cathay Financial Holding Co Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Jen Ai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The company offers a broad range of life insurance, banking and property and casualty insurance products to individual and corporate customers in Taiwan. The Group has five operating segments Banking operating segment, Life insurance operating segments, Property insurance operating segment, Securities operating segment, and Other operating segment. The company generates the majority of its revenue from the Life Insurance Division, which is engaged in interest-sensitive sales of traditional insurance, investment-linked insurance, and annuity insurance and providing financial planning services and policy loan services.

Cathay Financial Holding Co Headlines

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