Highway Holdings (Highway Holdings) Equity-to-Asset

: 0.54 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Highway Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.79 Mil. Highway Holdings's Total Assets for the quarter that ended in Dec. 2023 was $14.41 Mil. Therefore, Highway Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

HIHO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.65 Max: 0.77
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Highway Holdings was 0.77. The lowest was 0.54. And the median was 0.65.

HIHO's Equity-to-Asset is ranked worse than
52.03% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs HIHO: 0.54

Highway Holdings Equity-to-Asset Historical Data

The historical data trend for Highway 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.

Highway Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.66

0.60

0.63

0.62

0.59

Highway Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Equity-to-Asset																0.68	0.73	0.59	0.59	0.54

Competitive Comparison

For the Metal Fabrication subindustry, Highway 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.

Highway Holdings Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Highway Holdings's Equity-to-Asset distribution charts can be found below:

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

Highway 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.

Highway Holdings'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
	=	8.204	/	13.883
	=	0.59

Highway 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
	=	7.788	/	14.414
	=	0.54

Highway Holdings (NAS:HIHO) 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%.

Highway Holdings Equity-to-Asset Related Terms

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

Highway Holdings (Highway Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Highway Holdings Ltd (NAS:HIHO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 18, Landmark North 39 Lung Sum Avenue, Suite No.1801, Sheung Shui, New Territories, Hong Kong, HKG

Website

https://www.highwayholdings.com

Highway Holdings Ltd is a holding company. The company is a manufacturer of metal, plastic, electric and electronic components for original equipment manufacturers (OEM) and contract manufacturers. Its operating segment includes Metal stamping and mechanical OEM and Electric OEM. The metal stamping segment focuses on the manufacturing and sale of metal parts and components. The company generates maximum revenue from the Metal stamping and mechanical OEM segment. Geographically, it derives a majority of its revenue from Europe and also has a presence in Hong Kong and China, North America, and Other Asian countries.

Executives

Zeff Capital, Lp

10 percent owner

400 S. MCCADDEN PL., LOS ANGELES CA 90020