GURUFOCUS.COM » STOCK LIST » Technology » Software » Hello Pal International Inc (XCNQ:HP) » Definitions » Equity-to-Asset

Hello Pal International (XCNQ:HP) Equity-to-Asset : 0.31 (As of Feb. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Hello Pal International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hello Pal International's Total Stockholders Equity for the quarter that ended in Feb. 2023 was C$4.95 Mil. Hello Pal International's Total Assets for the quarter that ended in Feb. 2023 was C$15.85 Mil. Therefore, Hello Pal International's Equity to Asset Ratio for the quarter that ended in Feb. 2023 was 0.31.

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

XCNQ:HP's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Hello Pal International Equity-to-Asset Historical Data

The historical data trend for Hello Pal 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.

Hello Pal International Equity-to-Asset Chart

Hello Pal International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 -0.46 0.48 0.43 0.31

Hello Pal International Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23
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 0.70 0.43 0.39 0.36 0.31

Competitive Comparison of Hello Pal International's Equity-to-Asset

For the Software - Application subindustry, Hello Pal 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.


Hello Pal International's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hello Pal International's Equity-to-Asset distribution charts can be found below:

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



Hello Pal 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.

Hello Pal International's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=4.954/15.854
=0.31

Hello Pal International's Equity to Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

Equity to Asset (Q: Feb. 2023 )=Total Stockholders Equity/Total Assets
=4.954/15.854
=0.31

* 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.


Hello Pal International  (XCNQ:HP) 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%.


Hello Pal International Equity-to-Asset Related Terms

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


Hello Pal International (XCNQ:HP) Business Description

Traded in Other Exchanges
Address
200 - 550 Denman Street, Vancouver, BC, CAN, V6G 3H1
Hello Pal International Inc is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. It has been designed from the ground up to be easy to use and enables users the freedom to speak in their own language regardless of the other person's language they are speaking. The firm operates in two different reportable segments international live-streaming segment, which provides online live-streaming services. and Cryptocurrency mining segment, which provides cryptocurrency computing services to blockchain platforms, and the majority of its revenue comes from live streaming segments.