YY Group Holding (YY Group Holding) Equity-to-Asset : 0.39 (As of Dec. 2023)

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What is YY Group Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. YY Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.13 Mil. YY Group Holding's Total Assets for the quarter that ended in Dec. 2023 was $10.67 Mil. Therefore, YY Group Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

YYGH' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01 Med: 0.16 Max: 0.39
Current: 0.39

During the past 3 years, the highest Equity to Asset Ratio of YY Group Holding was 0.39. The lowest was -0.01. And the median was 0.16.

YYGH's Equity-to-Asset is ranked better than
50.47% of 107 companies
in the Personal Services industry
Industry Median: 0.38 vs YYGH: 0.39

YY Group Holding Equity-to-Asset Historical Data

The historical data trend for YY Group Holding'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.

YY Group Holding Equity-to-Asset Chart

YY Group Holding Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

-0.01

0.16

0.39

YY Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	-0.01	-	0.16	0.27	0.39

Competitive Comparison of YY Group Holding's Equity-to-Asset

For the Personal Services subindustry, YY Group Holding'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.

YY Group Holding's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, YY Group Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where YY Group Holding's Equity-to-Asset falls into.

YY Group Holding 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.

YY Group Holding'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
	=	4.131	/	10.67
	=	0.39

YY Group Holding'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
	=	4.131	/	10.67
	=	0.39

YY Group Holding (NAS:YYGH) 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%.

YY Group Holding Equity-to-Asset Related Terms

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

YY Group Holding (YY Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051

Website

https://www.yygroupholding.com

YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

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