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Far East Hotels & Entertainment (HKSE:00037) Equity-to-Asset : 0.92 (As of Sep. 2023)


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What is Far East Hotels & Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Far East Hotels & Entertainment's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$363.95 Mil. Far East Hotels & Entertainment's Total Assets for the quarter that ended in Sep. 2023 was HK$394.63 Mil. Therefore, Far East Hotels & Entertainment's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.92.

The historical rank and industry rank for Far East Hotels & Entertainment's Equity-to-Asset or its related term are showing as below:

HKSE:00037' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.85   Max: 0.92
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Far East Hotels & Entertainment was 0.92. The lowest was 0.81. And the median was 0.85.

HKSE:00037's Equity-to-Asset is ranked better than
94.66% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00037: 0.92

Far East Hotels & Entertainment Equity-to-Asset Historical Data

The historical data trend for Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment Equity-to-Asset Chart

Far East Hotels & Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.82 0.84 0.88 0.91

Far East Hotels & Entertainment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.87 0.88 0.91 0.91 0.92

Competitive Comparison of Far East Hotels & Entertainment's Equity-to-Asset

For the Real Estate Services subindustry, Far East Hotels & Entertainment'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.


Far East Hotels & Entertainment's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Hotels & Entertainment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Far East Hotels & Entertainment's Equity-to-Asset falls into.



Far East Hotels & Entertainment 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.

Far East Hotels & Entertainment's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=371.46/407.678
=0.91

Far East Hotels & Entertainment's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=363.948/394.63
=0.92

* 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.


Far East Hotels & Entertainment  (HKSE:00037) 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%.


Far East Hotels & Entertainment Equity-to-Asset Related Terms

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Far East Hotels & Entertainment (HKSE:00037) Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG
Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates under business segments of Hotel operations in Hong Kong; Serviced property letting in Mainland China; Property investment in Hong Kong; Property investment overseas; and Securities investment and trading. The company earns maximum revenue from Hotel operations in Hong Kong. The group's operations are located in Hong Kong, Mainland China, and overseas.
Executives
Chiu Derek 2201 Interest of corporation controlled by you
Lui Yu Kin 2101 Beneficial owner

Far East Hotels & Entertainment (HKSE:00037) Headlines

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