Macau Legend Development (HKSE:01680) Equity-to-Asset

: 0.50 (As of Jun. 2022)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Macau Legend Development's Total Stockholders Equity for the quarter that ended in Jun. 2022 was HK$3,827 Mil. Macau Legend Development's Total Assets for the quarter that ended in Jun. 2022 was HK$7,586 Mil. Therefore, Macau Legend Development's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.50.

The historical rank and industry rank for Macau Legend Development's Equity-to-Asset or its related term are showing as below:

HKSE:01680' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.6 Max: 0.72
Current: 0.5

During the past 10 years, the highest Equity to Asset Ratio of Macau Legend Development was 0.72. The lowest was 0.50. And the median was 0.60.

HKSE:01680's Equity-to-Asset is ranked better than
52.63% of 838 companies
in the Travel & Leisure industry
Industry Median: 0.48 vs HKSE:01680: 0.50

Macau Legend Development Equity-to-Asset Historical Data

The historical data trend for Macau Legend Development'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.

Macau Legend Development Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Equity-to-Asset

0.53

0.70

0.67

0.64

0.54

Macau Legend Development Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Equity-to-Asset																0.69	0.64	0.59	0.54	0.50

Competitive Comparison

For the Resorts & Casinos subindustry, Macau Legend Development'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.

Annual Data Quarterly Data

Macau Legend Development Equity-to-Asset Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Macau Legend Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Macau Legend Development's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.

Macau Legend Development 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.

Macau Legend Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	4314.94	/	7970.106
	=	0.54

Macau Legend Development's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	3827.12	/	7586.342
	=	0.50

Macau Legend Development (HKSE:01680) 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%.

Macau Legend Development Equity-to-Asset Related Terms

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Macau Legend Development (HKSE:01680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (HKSE:01680) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company,It is engaged in the resorts and casinos industry. The business has two segments: Gaming and Non-Gaming. The Gaming segment is engaged in gaming-related services such as gaming tables and electronic gaming machines. The company's flagship resort and gaming center is The Landmark Macau, a hotel, casino, and luxury shopping center. The Non-Gaming segment is involved in hotel operations, such as food and beverage services and others. The company generates the vast majority of its revenue in Macau.

Macau Legend Development (HKSE:01680) Headlines

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