GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxnerva Technology Services Ltd (HKSE:01037) » Definitions » Equity-to-Asset

Maxnerva Technology Services (HKSE:01037) Equity-to-Asset : 0.70 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Maxnerva Technology Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maxnerva Technology Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$477.4 Mil. Maxnerva Technology Services's Total Assets for the quarter that ended in Dec. 2023 was HK$678.3 Mil. Therefore, Maxnerva Technology Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

The historical rank and industry rank for Maxnerva Technology Services's Equity-to-Asset or its related term are showing as below:

HKSE:01037' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.66   Max: 0.79
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Maxnerva Technology Services was 0.79. The lowest was 0.52. And the median was 0.66.

HKSE:01037's Equity-to-Asset is ranked better than
71.48% of 2851 companies
in the Software industry
Industry Median: 0.55 vs HKSE:01037: 0.70

Maxnerva Technology Services Equity-to-Asset Historical Data

The historical data trend for Maxnerva Technology Services'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.

Maxnerva Technology Services Equity-to-Asset Chart

Maxnerva Technology Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.66 0.64 0.62 0.70

Maxnerva Technology Services Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 0.64 0.65 0.62 0.71 0.70

Competitive Comparison of Maxnerva Technology Services's Equity-to-Asset

For the Information Technology Services subindustry, Maxnerva Technology Services'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.


Maxnerva Technology Services's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Maxnerva Technology Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Maxnerva Technology Services's Equity-to-Asset falls into.



Maxnerva Technology Services 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.

Maxnerva Technology Services'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
=477.381/678.277
=0.70

Maxnerva Technology Services'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
=477.381/678.277
=0.70

* 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.


Maxnerva Technology Services  (HKSE:01037) 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%.


Maxnerva Technology Services Equity-to-Asset Related Terms

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


Maxnerva Technology Services (HKSE:01037) Business Description

Traded in Other Exchanges
N/A
Address
63 Mody Road, Room 1001, 10th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Maxnerva Technology Services Ltd is an investment holding company engaged in the operating segments of Smart Office Business, Industrial Solution Business and New Retail Business. Smart Office business segment is engaged in the provision of video conference related solutions plus brand licensing and supply chain management of smart office equipment. Industrial Solution Business segment is involved in the provision of smart manufacturing solutions and services to improve the effectiveness and efficiency of production lines, plant facilities and the management of industrial parks .New Retail business segment provides advanced digital signage and other retail solutions to their customers It has a business presence in Hong Kong, the PRC, the United States, Taiwan and others.
Executives
Fsk Holdings Limited 2201 Interest of corporation controlled by you
Fdg Fund, L.p. 2101 Beneficial owner
Tse Tik Yang Denis 2201 Interest of corporation controlled by you
Foxconn (far East) Limited 2101 Beneficial owner

Maxnerva Technology Services (HKSE:01037) Headlines

No Headlines