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Travel Expert (Asia) Enterprises (HKSE:01235) Equity-to-Asset : 0.43 (As of Sep. 2023)


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What is Travel Expert (Asia) Enterprises Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Travel Expert (Asia) Enterprises's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$61.09 Mil. Travel Expert (Asia) Enterprises's Total Assets for the quarter that ended in Sep. 2023 was HK$141.56 Mil. Therefore, Travel Expert (Asia) Enterprises's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.43.

The historical rank and industry rank for Travel Expert (Asia) Enterprises's Equity-to-Asset or its related term are showing as below:

HKSE:01235' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.49   Max: 0.7
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Travel Expert (Asia) Enterprises was 0.70. The lowest was 0.41. And the median was 0.49.

HKSE:01235's Equity-to-Asset is ranked worse than
54.82% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs HKSE:01235: 0.43

Travel Expert (Asia) Enterprises Equity-to-Asset Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises Equity-to-Asset Chart

Travel Expert (Asia) Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.56 0.70 0.68 0.56

Travel Expert (Asia) Enterprises Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.67 0.68 0.62 0.56 0.43

Competitive Comparison of Travel Expert (Asia) Enterprises's Equity-to-Asset

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.


Travel Expert (Asia) Enterprises's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's Equity-to-Asset falls into.



Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=59.42/105.361
=0.56

Travel Expert (Asia) Enterprises's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=61.088/141.562
=0.43

* 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.


Travel Expert (Asia) Enterprises  (HKSE:01235) 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%.


Travel Expert (Asia) Enterprises Equity-to-Asset Related Terms

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Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Traded in Other Exchanges
N/A
Address
88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

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