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Hopefield Ventures Two (TSXV:HVII.P) Equity-to-Asset : 0.88 (As of Mar. 2024)


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What is Hopefield Ventures Two Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hopefield Ventures Two's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.92 Mil. Hopefield Ventures Two's Total Assets for the quarter that ended in Mar. 2024 was C$1.05 Mil.

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

TSXV:HVII.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88   Med: 0.96   Max: 0.99
Current: 0.88

During the past 2 years, the highest Equity to Asset Ratio of Hopefield Ventures Two was 0.99. The lowest was 0.88. And the median was 0.96.

TSXV:HVII.P's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs TSXV:HVII.P: 0.88

Hopefield Ventures Two Equity-to-Asset Historical Data

The historical data trend for Hopefield Ventures Two'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.

Hopefield Ventures Two Equity-to-Asset Chart

Hopefield Ventures Two Annual Data
Trend Dec22 Dec23
Equity-to-Asset
0.96 0.96

Hopefield Ventures Two Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.96 0.99 0.95 0.96 0.88

Competitive Comparison of Hopefield Ventures Two's Equity-to-Asset

For the Shell Companies subindustry, Hopefield Ventures Two'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.


Hopefield Ventures Two's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hopefield Ventures Two's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hopefield Ventures Two's Equity-to-Asset falls into.



Hopefield Ventures Two 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.

Hopefield Ventures Two'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
=1.017/1.056
=

Hopefield Ventures Two'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
=0.92/1.047
=

* 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.


Hopefield Ventures Two  (TSXV:HVII.P) 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%.


Hopefield Ventures Two Equity-to-Asset Related Terms

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


Hopefield Ventures Two (TSXV:HVII.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Website
Hopefield Ventures Two Inc is a capital pool company.

Hopefield Ventures Two (TSXV:HVII.P) Headlines

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