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SSAW Hotels & Resorts Group Co (SZSE:301073) Equity-to-Asset : 0.41 (As of Mar. 2024)


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What is SSAW Hotels & Resorts Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SSAW Hotels & Resorts Group Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥982.6 Mil. SSAW Hotels & Resorts Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,428.3 Mil. Therefore, SSAW Hotels & Resorts Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.41.

The historical rank and industry rank for SSAW Hotels & Resorts Group Co's Equity-to-Asset or its related term are showing as below:

SZSE:301073' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.37   Max: 0.64
Current: 0.4

During the past 10 years, the highest Equity to Asset Ratio of SSAW Hotels & Resorts Group Co was 0.64. The lowest was 0.08. And the median was 0.37.

SZSE:301073's Equity-to-Asset is ranked worse than
58.38% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs SZSE:301073: 0.40

SSAW Hotels & Resorts Group Co Equity-to-Asset Historical Data

The historical data trend for SSAW Hotels & Resorts Group Co'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.

SSAW Hotels & Resorts Group Co Equity-to-Asset Chart

SSAW Hotels & Resorts Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.24 0.35 0.48 0.40

SSAW Hotels & Resorts Group Co Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.45 0.40 0.40 0.40 0.41

Competitive Comparison of SSAW Hotels & Resorts Group Co's Equity-to-Asset

For the Lodging subindustry, SSAW Hotels & Resorts Group Co'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.


SSAW Hotels & Resorts Group Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SSAW Hotels & Resorts Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SSAW Hotels & Resorts Group Co's Equity-to-Asset falls into.



SSAW Hotels & Resorts Group Co 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.

SSAW Hotels & Resorts Group Co'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
=977.938/2424.795
=0.40

SSAW Hotels & Resorts Group Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=982.598/2428.343
=0.40

* 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.


SSAW Hotels & Resorts Group Co  (SZSE:301073) 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%.


SSAW Hotels & Resorts Group Co Equity-to-Asset Related Terms

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SSAW Hotels & Resorts Group Co (SZSE:301073) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Xueyuan Road, Xihu District, Zhejiang Province, Hangzhou City, CHN, 310013
SSAW Hotels & Resorts Group Co Ltd is engaged in the operation and management of mid-to-high-end selected service chain hotels.

SSAW Hotels & Resorts Group Co (SZSE:301073) Headlines

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