The historical rank and industry rank for New Asia Holdings's Equity-to-Asset or its related term are showing as below:
NAHD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -329 Med: -30.73 Max: 0.34
Current: -56.26
During the past 13 years, the highest Equity to Asset Ratio of New Asia Holdings was 0.34. The lowest was -329.00. And the median was -30.73.
NAHD's Equity-to-Asset is ranked worse than 99.54% of 2836
companies
in the Software industry
Industry Median: 0.55
vs NAHD: -56.26
New Asia Holdings Equity-to-Asset Historical Data
The historical data trend for New Asia 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.
Competitive Comparison of New Asia Holdings's Equity-to-Asset
For the Software - Application subindustry, New Asia 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.
New Asia Holdings's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, New Asia Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where New Asia Holdings's Equity-to-Asset falls into.
New Asia 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.
New Asia Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
New Asia Holdings (OTCPK:NAHD) 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%.
New Asia Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of New Asia Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
New Asia Holdings (New Asia Holdings) Business Description
New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.
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