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Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Equity-to-Asset : 0.85 (As of Dec. 2023)


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What is Chaoda Modern Agriculture (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chaoda Modern Agriculture (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27.88 Mil. Chaoda Modern Agriculture (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was $32.98 Mil. Therefore, Chaoda Modern Agriculture (Holdings)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

The historical rank and industry rank for Chaoda Modern Agriculture (Holdings)'s Equity-to-Asset or its related term are showing as below:

CMGHY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.86   Max: 0.97
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Chaoda Modern Agriculture (Holdings) was 0.97. The lowest was 0.80. And the median was 0.86.

CMGHY's Equity-to-Asset is ranked better than
91.61% of 1919 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs CMGHY: 0.85

Chaoda Modern Agriculture (Holdings) Equity-to-Asset Historical Data

The historical data trend for Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings) Equity-to-Asset Chart

Chaoda Modern Agriculture (Holdings) Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.86 0.86 0.85 0.85

Chaoda Modern Agriculture (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.86 0.85 0.84 0.85 0.85

Competitive Comparison of Chaoda Modern Agriculture (Holdings)'s Equity-to-Asset

For the Farm Products subindustry, Chaoda Modern Agriculture (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.


Chaoda Modern Agriculture (Holdings)'s Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaoda Modern Agriculture (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chaoda Modern Agriculture (Holdings)'s Equity-to-Asset falls into.



Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings)'s Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=28.761/34.006
=0.85

Chaoda Modern Agriculture (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
=27.883/32.98
=0.85

* 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.


Chaoda Modern Agriculture (Holdings)  (OTCPK:CMGHY) 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%.


Chaoda Modern Agriculture (Holdings) Equity-to-Asset Related Terms

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Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Business Description

Traded in Other Exchanges
Address
133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG
Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company, which engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. The firm earns a majority of its revenue from the sales of crops in Hong Kong.

Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Headlines

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