Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SenseTime Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$25,331 Mil. SenseTime Group's Total Assets for the quarter that ended in Dec. 2023 was HK$35,972 Mil.
Therefore, SenseTime Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.
The historical rank and industry rank for SenseTime Group's Equity-to-Asset or its related term are showing as below:
HKSE:00020'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.55 Med: 0.19 Max: 0.86
Current: 0.7
During the past 6 years, the highest Equity to Asset Ratio of SenseTime Group was 0.86. The lowest was -0.55. And the median was 0.19.
HKSE:00020's Equity-to-Asset is ranked better than 71.25% of 2849
companies
in the Software industry
Industry Median: 0.54
vs HKSE:00020: 0.70
SenseTime Group Equity-to-Asset Historical Data
The historical data trend for SenseTime Group'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.
Competitive Comparison of SenseTime Group's Equity-to-Asset
For the Software - Application subindustry, SenseTime Group'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.
SenseTime Group's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, SenseTime Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SenseTime Group's Equity-to-Asset falls into.
SenseTime Group 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.
SenseTime Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
SenseTime Group (HKSE:00020) 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%.
SenseTime Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of SenseTime Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
SenseTime Group Inc is a software company focused on creating an AI-empowered future through innovation. The Company develops software & hardware products for different industry verticals and use cases based on the same AI infrastructure platform & model training framework. The principal activities of the Group are the sale of advanced AI software, the sale of AI software platform & related services, the sale of AI software-embedded hardware and related services, AIDC service as well as research and development activities in relation to AI technologyThe Company is domiciled in the Cayman Islands while the Group mainly operates its businesses in four geographical areas of the world Mainland China, Northeast Asia, Southeast Asia, and others, out of which the majority is from Mainland China.
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