AGBA Group Holding (AGBA Group Holding) Equity-to-Asset : 0.12 (As of Dec. 2023)

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What is AGBA Group Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AGBA Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.10 Mil. AGBA Group Holding's Total Assets for the quarter that ended in Dec. 2023 was $66.59 Mil. Therefore, AGBA Group Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

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

AGBA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.2 Max: 0.5
Current: 0.12

During the past 4 years, the highest Equity to Asset Ratio of AGBA Group Holding was 0.50. The lowest was -0.03. And the median was 0.20.

AGBA's Equity-to-Asset is ranked worse than
85.25% of 807 companies
in the Capital Markets industry
Industry Median: 0.49 vs AGBA: 0.12

AGBA Group Holding Equity-to-Asset Historical Data

The historical data trend for AGBA 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.

AGBA Group Holding Equity-to-Asset Chart

AGBA Group Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.03

0.50

0.27

0.12

AGBA Group Holding Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.27	0.03	0.03	-0.04	0.12

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

For the Capital Markets subindustry, AGBA 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.

AGBA Group Holding's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AGBA Group Holding's Equity-to-Asset distribution charts can be found below:

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

AGBA 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.

AGBA 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
	=	8.103	/	66.589
	=	0.12

AGBA 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
	=	8.103	/	66.589
	=	0.12

AGBA Group Holding (NAS:AGBA) 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%.

AGBA Group Holding Equity-to-Asset Related Terms

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

AGBA Group Holding (AGBA Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AGBA Group Holding Ltd (NAS:AGBA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

D6D:Germany

Address

68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG

Website

https://www.agba.com

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

Executives

Yun Pun Wong	director	UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Tag Holdings Ltd	10 percent owner	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wong Suet Fai Almond	director	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wing Fai Ng	director, officer: Chairman (PEO) and ED	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Richard Kong	officer: Deputy CFO/Company Secretary	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Jeroen Nieuwkoop	officer: Chief Strategy Officer	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Shu Pei Huang Desmond	officer: Acting Group CFO (PFO)	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Eric Sc Lam	director	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Gordon Kk Lee	director, officer: Chief Executive Officer	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Vera Zl Tan	director, officer: Chief Financial Officer	ROOM 1108, 11TH FLOOR, BLOCKB, NEW MADISON PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Ng Thomas Kwok On	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Chan Brian Chunhg Yau	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000