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COSCO SHIPPING Ports (COSCO SHIPPING Ports) Equity-to-Asset : 0.48 (As of Dec. 2023)


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What is COSCO SHIPPING Ports Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. COSCO SHIPPING Ports's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,771 Mil. COSCO SHIPPING Ports's Total Assets for the quarter that ended in Dec. 2023 was $11,932 Mil. Therefore, COSCO SHIPPING Ports's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

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

CSPKF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.53   Max: 0.66
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of COSCO SHIPPING Ports was 0.66. The lowest was 0.48. And the median was 0.53.

CSPKF's Equity-to-Asset is ranked worse than
50.82% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs CSPKF: 0.48

COSCO SHIPPING Ports Equity-to-Asset Historical Data

The historical data trend for COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Equity-to-Asset Chart

COSCO SHIPPING Ports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.49 0.48 0.49 0.48

COSCO SHIPPING Ports Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 0.49 0.48 0.48 0.48 -

Competitive Comparison of COSCO SHIPPING Ports's Equity-to-Asset

For the Marine Shipping subindustry, COSCO SHIPPING Ports'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.


COSCO SHIPPING Ports's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Ports's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Ports's Equity-to-Asset falls into.



COSCO SHIPPING Ports 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.

COSCO SHIPPING Ports's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5770.731/11931.881
=0.48

COSCO SHIPPING Ports'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
=5770.731/11931.881
=0.48

* 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.


COSCO SHIPPING Ports  (OTCPK:CSPKF) 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%.


COSCO SHIPPING Ports Equity-to-Asset Related Terms

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


COSCO SHIPPING Ports (COSCO SHIPPING Ports) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.