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Navinfo Co (SZSE:002405) Equity-to-Asset : 0.82 (As of Mar. 2024)


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What is Navinfo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Navinfo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥9,876 Mil. Navinfo Co's Total Assets for the quarter that ended in Mar. 2024 was ¥12,033 Mil. Therefore, Navinfo Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.

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

SZSE:002405' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.81   Max: 0.9
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Navinfo Co was 0.90. The lowest was 0.57. And the median was 0.81.

SZSE:002405's Equity-to-Asset is ranked better than
86.66% of 2849 companies
in the Software industry
Industry Median: 0.54 vs SZSE:002405: 0.82

Navinfo Co Equity-to-Asset Historical Data

The historical data trend for Navinfo Co'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.

Navinfo Co Equity-to-Asset Chart

Navinfo Co 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 0.86 0.84 0.84 0.84 0.81

Navinfo Co 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 0.85 0.85 0.84 0.81 0.82

Competitive Comparison of Navinfo Co's Equity-to-Asset

For the Software - Application subindustry, Navinfo Co'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.


Navinfo Co's Equity-to-Asset Distribution in the Software Industry

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

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



Navinfo Co 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.

Navinfo Co'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
=10026.008/12412.248
=0.81

Navinfo Co'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
=9876.057/12032.785
=0.82

* 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.


Navinfo Co  (SZSE:002405) 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%.


Navinfo Co Equity-to-Asset Related Terms

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Navinfo Co (SZSE:002405) Business Description

Traded in Other Exchanges
N/A
Address
South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094
Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.

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