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Clifford Modern Living Holdings (HKSE:03686) Equity-to-Asset : 0.80 (As of Dec. 2023)


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What is Clifford Modern Living Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clifford Modern Living Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$767.0 Mil. Clifford Modern Living Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$954.6 Mil. Therefore, Clifford Modern Living Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.

The historical rank and industry rank for Clifford Modern Living Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:03686' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.72   Max: 0.8
Current: 0.8

During the past 11 years, the highest Equity to Asset Ratio of Clifford Modern Living Holdings was 0.80. The lowest was 0.40. And the median was 0.72.

HKSE:03686's Equity-to-Asset is ranked better than
91.14% of 316 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs HKSE:03686: 0.80

Clifford Modern Living Holdings Equity-to-Asset Historical Data

The historical data trend for Clifford Modern Living 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.

Clifford Modern Living Holdings Equity-to-Asset Chart

Clifford Modern Living Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.73 0.74 0.76 0.80

Clifford Modern Living Holdings Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 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 0.74 0.74 0.76 0.77 0.80

Competitive Comparison of Clifford Modern Living Holdings's Equity-to-Asset

For the Grocery Stores subindustry, Clifford Modern Living 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.


Clifford Modern Living Holdings's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Clifford Modern Living Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Clifford Modern Living Holdings's Equity-to-Asset falls into.



Clifford Modern Living 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.

Clifford Modern Living Holdings'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
=766.995/954.624
=0.80

Clifford Modern Living Holdings'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
=766.995/954.624
=0.80

* 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.


Clifford Modern Living Holdings  (HKSE:03686) 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%.


Clifford Modern Living Holdings Equity-to-Asset Related Terms

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


Clifford Modern Living Holdings (HKSE:03686) Business Description

Traded in Other Exchanges
N/A
Address
8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496
Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.
Executives
Man Lai Hung 2101 Beneficial owner
Pang Lun Kee Clifford 2202 Interest of your spouse
Elland Holdings Limited 2101 Beneficial owner

Clifford Modern Living Holdings (HKSE:03686) Headlines

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