GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Humm Group Ltd (OTCPK:HUMGF) » Definitions » Equity-to-Asset

Humm Group (Humm Group) Equity-to-Asset : 0.11 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Humm Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Humm Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $384.6 Mil. Humm Group's Total Assets for the quarter that ended in Dec. 2023 was $3,491.2 Mil. Therefore, Humm Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.11.

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

HUMGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.22   Max: 0.32
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Humm Group was 0.32. The lowest was 0.11. And the median was 0.22.

HUMGF's Equity-to-Asset is ranked worse than
85.9% of 539 companies
in the Credit Services industry
Industry Median: 0.36 vs HUMGF: 0.11

Humm Group Equity-to-Asset Historical Data

The historical data trend for Humm Group'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.

Humm Group Equity-to-Asset Chart

Humm Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.19 0.23 0.17 0.13

Humm Group Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only 0.18 0.17 0.15 0.13 0.11

Competitive Comparison of Humm Group's Equity-to-Asset

For the Credit Services subindustry, Humm Group'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.


Humm Group's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Humm Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Humm Group's Equity-to-Asset falls into.



Humm Group 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.

Humm Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=420.201/3200.537
=0.13

Humm Group'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
=384.605/3491.165
=0.11

* 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.


Humm Group  (OTCPK:HUMGF) 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%.


Humm Group Equity-to-Asset Related Terms

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


Humm Group (Humm Group) Business Description

Traded in Other Exchanges
Address
121 Harrington Street, Level 1, Sydney, NSW, AUS, 2000
Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.

Humm Group (Humm Group) Headlines

From GuruFocus

Half Year 2024 Humm Group Ltd Earnings Call Transcript

By GuruFocus Research 02-28-2024