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360 Security Technology (SHSE:601360) Equity-to-Asset : 0.79 (As of Mar. 2024)


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What is 360 Security Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 360 Security Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥31,682 Mil. 360 Security Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥39,997 Mil. Therefore, 360 Security Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.79.

The historical rank and industry rank for 360 Security Technology's Equity-to-Asset or its related term are showing as below:

SHSE:601360' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.8   Max: 0.86
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of 360 Security Technology was 0.86. The lowest was 0.51. And the median was 0.80.

SHSE:601360's Equity-to-Asset is ranked better than
83.29% of 2849 companies
in the Software industry
Industry Median: 0.54 vs SHSE:601360: 0.79

360 Security Technology Equity-to-Asset Historical Data

The historical data trend for 360 Security Technology'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.

360 Security Technology Equity-to-Asset Chart

360 Security Technology 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 0.85 0.83 0.83 0.82 0.79

360 Security Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.81 0.80 0.80 0.79 0.79

Competitive Comparison of 360 Security Technology's Equity-to-Asset

For the Software - Infrastructure subindustry, 360 Security Technology'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.


360 Security Technology's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, 360 Security Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 360 Security Technology's Equity-to-Asset falls into.



360 Security Technology 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.

360 Security Technology'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
=31908.363/40168.367
=0.79

360 Security Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=31682.124/39997.248
=0.79

* 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.


360 Security Technology  (SHSE:601360) 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%.


360 Security Technology Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of 360 Security Technology's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


360 Security Technology (SHSE:601360) Business Description

Traded in Other Exchanges
N/A
Address
718 Ying Ting Road, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 100015
360 Security Technology Inc is an internet security company in China. It has developed the 360 ??security system with hundreds of millions of users Guards, 360 mobile guards, and other security products. It uses big data, cloud computing, and artificial intelligence technology, to create 360 mobile phone, 360 children smartwatch, 360 smart cameras, 360 driving recorder and 360 security router. It also provides other Internet services including search, live broadcast, games, film and television, finance, and news for its users.

360 Security Technology (SHSE:601360) Headlines

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