Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IMAX China Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,986.6 Mil. IMAX China Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$2,485.7 Mil.
Therefore, IMAX China Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.
The historical rank and industry rank for IMAX China Holding's Equity-to-Asset or its related term are showing as below:
HKSE:01970'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.72 Max: 0.8
Current: 0.8
During the past 12 years, the highest Equity to Asset Ratio of IMAX China Holding was 0.80. The lowest was 0.17. And the median was 0.72.
HKSE:01970's Equity-to-Asset is ranked better than 85.77% of 1061
companies
in the Media - Diversified industry
Industry Median: 0.51
vs HKSE:01970: 0.80
IMAX China Holding Equity-to-Asset Historical Data
The historical data trend for IMAX China Holding'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 IMAX China Holding's Equity-to-Asset
For the Entertainment subindustry, IMAX China Holding'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.
IMAX China Holding's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, IMAX China Holding's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where IMAX China Holding's Equity-to-Asset falls into.
IMAX China Holding 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.
IMAX China Holding'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.
IMAX China Holding (HKSE:01970) 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%.
IMAX China Holding Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of IMAX China Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
IMAX China Holding (HKSE:01970) Business Description
IMAX China Holding Inc is an investment holding company that operates in the Entertainment industry in China. The company, a subsidiary of IMAX Corporation, creates and distributes proprietary cinema presentation technology. It operates in the following segments: IMAX Technology Network, which earns revenue based on contingent box office receipts and includes the IMAX DMR films segment and contingent rent from the revenue sharing arrangements segment; IMAX Technology Sales and Maintenance, which includes results from IMAX Systems, IMAX Maintenance, and Other Theatre Business, as well as upfront fees from the revenue sharing arrangements; and New Business Initiatives and Other, which includes activities related to the exploration of new lines of business.
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