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Rich Goldman Holdings (FRA:MRU3) Equity-to-Asset : 0.72 (As of Dec. 2023)


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What is Rich Goldman Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rich Goldman Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €129.35 Mil. Rich Goldman Holdings's Total Assets for the quarter that ended in Dec. 2023 was €178.70 Mil. Therefore, Rich Goldman Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

The historical rank and industry rank for Rich Goldman Holdings's Equity-to-Asset or its related term are showing as below:

FRA:MRU3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.79   Max: 1
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Rich Goldman Holdings was 1.00. The lowest was 0.57. And the median was 0.79.

FRA:MRU3's Equity-to-Asset is ranked better than
79.4% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs FRA:MRU3: 0.72

Rich Goldman Holdings Equity-to-Asset Historical Data

The historical data trend for Rich Goldman Holdings'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.

Rich Goldman Holdings Equity-to-Asset Chart

Rich Goldman Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.97 0.98 0.79 0.77

Rich Goldman Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.79 0.79 0.79 0.77 0.72

Competitive Comparison of Rich Goldman Holdings's Equity-to-Asset

For the Resorts & Casinos subindustry, Rich Goldman Holdings'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.


Rich Goldman Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rich Goldman Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Rich Goldman Holdings's Equity-to-Asset falls into.



Rich Goldman Holdings 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.

Rich Goldman Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=131.373/171.498
=0.77

Rich Goldman Holdings'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
=129.345/178.695
=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.


Rich Goldman Holdings  (FRA:MRU3) 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%.


Rich Goldman Holdings Equity-to-Asset Related Terms

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Rich Goldman Holdings (FRA:MRU3) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Room 1807, 18th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Rich Goldman Holdings Ltd is an investment holding company. The company's operating segment includes Gaming and Entertainment Business; Money lending business; Hotel operations and Property leasing. It generates maximum revenue from the Money lending business segment. Geographically, it operates in Hong Kong, Macau and People's Republic of China and it derives a majority of revenue from Hong Kong.

Rich Goldman Holdings (FRA:MRU3) Headlines

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