Best Mart 360 Holdings (HKSE:02360) Equity-to-Asset : 0.43 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Best Mart 360 Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Best Mart 360 Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$479 Mil. Best Mart 360 Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$1,113 Mil. Therefore, Best Mart 360 Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.43.

The historical rank and industry rank for Best Mart 360 Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:02360' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.45 Max: 0.73
Current: 0.43

During the past 7 years, the highest Equity to Asset Ratio of Best Mart 360 Holdings was 0.73. The lowest was 0.13. And the median was 0.45.

HKSE:02360's Equity-to-Asset is ranked better than
55.38% of 316 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs HKSE:02360: 0.43

Best Mart 360 Holdings Equity-to-Asset Historical Data

The historical data trend for Best Mart 360 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.

Best Mart 360 Holdings Equity-to-Asset Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Equity-to-Asset

Get a 7-Day Free Trial

0.43

0.73

0.45

0.49

Best Mart 360 Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial									0.44	0.49	0.50	0.51	0.43

Competitive Comparison of Best Mart 360 Holdings's Equity-to-Asset

For the Discount Stores subindustry, Best Mart 360 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.

Best Mart 360 Holdings's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Best Mart 360 Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Best Mart 360 Holdings's Equity-to-Asset falls into.

Best Mart 360 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.

Best Mart 360 Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	438.043	/	900.153
	=	0.49

Best Mart 360 Holdings'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
	=	479.332	/	1112.986
	=	0.43

Best Mart 360 Holdings (HKSE:02360) 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%.

Best Mart 360 Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Best Mart 360 Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Best Mart 360 Holdings (HKSE:02360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

BMTHF:USA

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.

Executives

China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Sino Sea Enterprises Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

Best Mart 360 Holdings (HKSE:02360) Headlines

No Headlines