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Asia Strategic Holdings (LSE:ASIA) Equity-to-Asset : -0.21 (As of Sep. 2023)


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What is Asia Strategic Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Strategic Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-5.63 Mil. Asia Strategic Holdings's Total Assets for the quarter that ended in Sep. 2023 was $27.01 Mil. Therefore, Asia Strategic Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.21.

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

LSE:ASIA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.21   Med: 0.57   Max: 0.96
Current: -0.21

During the past 8 years, the highest Equity to Asset Ratio of Asia Strategic Holdings was 0.96. The lowest was -0.21. And the median was 0.57.

LSE:ASIA's Equity-to-Asset is not ranked
in the Education industry.
Industry Median: 0.52 vs LSE:ASIA: -0.21

Asia Strategic Holdings Equity-to-Asset Historical Data

The historical data trend for Asia Strategic 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.

Asia Strategic Holdings Equity-to-Asset Chart

Asia Strategic Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.95 0.85 -0.06 -0.03 -0.21

Asia Strategic Holdings Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.06 -0.14 -0.03 -0.12 -0.21

Competitive Comparison of Asia Strategic Holdings's Equity-to-Asset

For the Education & Training Services subindustry, Asia Strategic 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.


Asia Strategic Holdings's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Asia Strategic Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Strategic Holdings's Equity-to-Asset falls into.



Asia Strategic 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.

Asia Strategic Holdings's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-5.632/27.007
=-0.21

Asia Strategic 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
=-5.632/27.007
=-0.21

* 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.


Asia Strategic Holdings  (LSE:ASIA) 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%.


Asia Strategic Holdings Equity-to-Asset Related Terms

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


Asia Strategic Holdings (LSE:ASIA) Business Description

Traded in Other Exchanges
N/A
Address
80 Raffles Place, No. 32-01, UOB Plaza 1, Singapore, SGP, 048624
Asia Strategic Holdings Ltd is an investment-based company. The company's operating segments are Education; Services and Others. It generates maximum revenue from the Education segment. Education segment includes operation of education businesses ranging from early years to tertiary education and including vocational training, consultancy, advisory and project management services in the education sector in Myanmar and in Vietnam. Geographically, it derives a majority of revenue from Myanmar.

Asia Strategic Holdings (LSE:ASIA) Headlines