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Jiayin Group (Jiayin Group) Equity-to-Asset : 0.42 (As of Dec. 2023)


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What is Jiayin Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jiayin Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $333.6 Mil. Jiayin Group's Total Assets for the quarter that ended in Dec. 2023 was $790.6 Mil. Therefore, Jiayin Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

JFIN' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.06   Med: -0.82   Max: 0.42
Current: 0.42

During the past 8 years, the highest Equity to Asset Ratio of Jiayin Group was 0.42. The lowest was -2.06. And the median was -0.82.

JFIN's Equity-to-Asset is ranked worse than
75.54% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs JFIN: 0.42

Jiayin Group Equity-to-Asset Historical Data

The historical data trend for Jiayin 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.

Jiayin Group Equity-to-Asset Chart

Jiayin Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -1.06 -0.88 0.03 0.41 0.42

Jiayin Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.41 0.37 0.41 0.40 0.42

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

For the Internet Content & Information subindustry, Jiayin 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.


Jiayin Group's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jiayin Group's Equity-to-Asset distribution charts can be found below:

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



Jiayin 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.

Jiayin Group'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
=333.624/790.561
=0.42

Jiayin 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
=333.624/790.561
=0.42

* 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.


Jiayin Group  (NAS:JFIN) 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%.


Jiayin Group Equity-to-Asset Related Terms

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Jiayin Group (Jiayin Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, CHN, 200122
Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.