GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hangzhou Kaida Metal Catalyst And Compounds Co Ltd (BJSE:830974) » Definitions » Equity-to-Asset

Hangzhou Kaida Metal Catalyst And Compounds Co (BJSE:830974) Equity-to-Asset : 0.72 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hangzhou Kaida Metal Catalyst And Compounds Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hangzhou Kaida Metal Catalyst And Compounds Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥633 Mil. Hangzhou Kaida Metal Catalyst And Compounds Co's Total Assets for the quarter that ended in Mar. 2024 was ¥885 Mil. Therefore, Hangzhou Kaida Metal Catalyst And Compounds Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.72.

The historical rank and industry rank for Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset or its related term are showing as below:

BJSE:830974' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.83   Max: 0.99
Current: 0.72

During the past 12 years, the highest Equity to Asset Ratio of Hangzhou Kaida Metal Catalyst And Compounds Co was 0.99. The lowest was 0.66. And the median was 0.83.

BJSE:830974's Equity-to-Asset is ranked worse than
56.7% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs BJSE:830974: 0.72

Hangzhou Kaida Metal Catalyst And Compounds Co Equity-to-Asset Historical Data

The historical data trend for Hangzhou Kaida Metal Catalyst And Compounds 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.

Hangzhou Kaida Metal Catalyst And Compounds Co Equity-to-Asset Chart

Hangzhou Kaida Metal Catalyst And Compounds Co 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 0.69 0.67 0.71 0.75 0.66

Hangzhou Kaida Metal Catalyst And Compounds Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 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 0.83 0.78 0.77 0.66 0.72

Competitive Comparison of Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Hangzhou Kaida Metal Catalyst And Compounds 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.


Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset falls into.



Hangzhou Kaida Metal Catalyst And Compounds 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.

Hangzhou Kaida Metal Catalyst And Compounds 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
=628.222/956.413
=0.66

Hangzhou Kaida Metal Catalyst And Compounds 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
=633.385/885.146
=0.72

* 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.


Hangzhou Kaida Metal Catalyst And Compounds Co  (BJSE:830974) 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%.


Hangzhou Kaida Metal Catalyst And Compounds Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hangzhou Kaida Metal Catalyst And Compounds Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hangzhou Kaida Metal Catalyst And Compounds Co (BJSE:830974) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Kangqiao Road, Room 101, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310015
Hangzhou Kaida Metal Catalyst And Compounds Co Ltd engages in research and development, production, and sales of precious metal catalytic materials, and also provides services of precious metal processing and recovery of spent precious metal catalytic materials.

Hangzhou Kaida Metal Catalyst And Compounds Co (BJSE:830974) Headlines

No Headlines