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Value Convergence Holdings (Value Convergence Holdings) Equity-to-Asset : 0.90 (As of Dec. 2023)


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What is Value Convergence Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Value Convergence Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $65.78 Mil. Value Convergence Holdings's Total Assets for the quarter that ended in Dec. 2023 was $72.88 Mil. Therefore, Value Convergence Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.90.

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

VCHLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.9   Max: 0.93
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Value Convergence Holdings was 0.93. The lowest was 0.79. And the median was 0.90.

VCHLF's Equity-to-Asset is ranked better than
81.75% of 811 companies
in the Capital Markets industry
Industry Median: 0.51 vs VCHLF: 0.90

Value Convergence Holdings Equity-to-Asset Historical Data

The historical data trend for Value Convergence Holdings'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.

Value Convergence Holdings Equity-to-Asset Chart

Value Convergence Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.90 0.93 0.92 0.90

Value Convergence Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.93 0.92 0.92 0.90

Competitive Comparison of Value Convergence Holdings's Equity-to-Asset

For the Capital Markets subindustry, Value Convergence Holdings'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.


Value Convergence Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Value Convergence Holdings's Equity-to-Asset falls into.



Value Convergence Holdings 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.

Value Convergence Holdings'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
=65.779/72.877
=0.90

Value Convergence Holdings'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
=65.779/72.877
=0.90

* 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.


Value Convergence Holdings  (OTCPK:VCHLF) 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%.


Value Convergence Holdings Equity-to-Asset Related Terms

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Value Convergence Holdings (Value Convergence Holdings) Business Description

Traded in Other Exchanges
Address
181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG
Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

Value Convergence Holdings (Value Convergence Holdings) Headlines

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