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Global Engine Group Holding (Global Engine Group Holding) Equity-to-Asset : 0.35 (As of Dec. 2022)


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What is Global Engine Group Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Engine Group Holding's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $1.36 Mil. Global Engine Group Holding's Total Assets for the quarter that ended in Dec. 2022 was $3.91 Mil.

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

GLE's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Global Engine Group Holding Equity-to-Asset Historical Data

The historical data trend for Global Engine Group Holding'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.

Global Engine Group Holding Equity-to-Asset Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22
Equity-to-Asset
0.23 0.20 0.52

Global Engine Group Holding Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Equity-to-Asset Get a 7-Day Free Trial - 0.20 0.22 0.52 0.35

Competitive Comparison of Global Engine Group Holding's Equity-to-Asset

For the Information Technology Services subindustry, Global Engine Group Holding'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.


Global Engine Group Holding's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Global Engine Group Holding's Equity-to-Asset distribution charts can be found below:

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



Global Engine Group Holding 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.

Global Engine Group Holding's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )=Total Stockholders Equity/Total Assets
=1.133/2.197
=0.52

Global Engine Group Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1.36/3.91
=

* 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.


Global Engine Group Holding  (NAS:GLE) 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%.


Global Engine Group Holding Equity-to-Asset Related Terms

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Global Engine Group Holding (Global Engine Group Holding) Business Description

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Website
Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.

Global Engine Group Holding (Global Engine Group Holding) Headlines

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