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Hutchison Telecommunications Hong Kong Holdings (FRA:4C6) Equity-to-Asset : 0.68 (As of Dec. 2023)


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What is Hutchison Telecommunications Hong Kong Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hutchison Telecommunications Hong Kong Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1,157.5 Mil. Hutchison Telecommunications Hong Kong Holdings's Total Assets for the quarter that ended in Dec. 2023 was €1,709.6 Mil. Therefore, Hutchison Telecommunications Hong Kong Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

The historical rank and industry rank for Hutchison Telecommunications Hong Kong Holdings's Equity-to-Asset or its related term are showing as below:

FRA:4C6' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.69   Max: 0.87
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Hutchison Telecommunications Hong Kong Holdings was 0.87. The lowest was 0.53. And the median was 0.69.

FRA:4C6's Equity-to-Asset is ranked better than
85.93% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs FRA:4C6: 0.68

Hutchison Telecommunications Hong Kong Holdings Equity-to-Asset Historical Data

The historical data trend for Hutchison Telecommunications Hong Kong 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.

Hutchison Telecommunications Hong Kong Holdings Equity-to-Asset Chart

Hutchison Telecommunications Hong Kong Holdings 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 0.83 0.81 0.70 0.69 0.68

Hutchison Telecommunications Hong Kong Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.70 0.69 0.69 0.68 0.68

Competitive Comparison of Hutchison Telecommunications Hong Kong Holdings's Equity-to-Asset

For the Telecom Services subindustry, Hutchison Telecommunications Hong Kong 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.


Hutchison Telecommunications Hong Kong Holdings's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hutchison Telecommunications Hong Kong Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hutchison Telecommunications Hong Kong Holdings's Equity-to-Asset falls into.



Hutchison Telecommunications Hong Kong 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.

Hutchison Telecommunications Hong Kong Holdings'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
=1157.493/1709.585
=0.68

Hutchison Telecommunications Hong Kong Holdings'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
=1157.493/1709.585
=0.68

* 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.


Hutchison Telecommunications Hong Kong Holdings  (FRA:4C6) 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%.


Hutchison Telecommunications Hong Kong Holdings Equity-to-Asset Related Terms

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Hutchison Telecommunications Hong Kong Holdings (FRA:4C6) Business Description

Traded in Other Exchanges
Address
2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG
Hutchison Telecommunications Hong Kong Holdings Ltd is an investment holding company. It operates in a single segment of the mobile telecommunications business in Hong Kong and Macau. The company offers a wide range of mobile telecommunications services and products with an increasing focus on data-centric services that converge with Internet and PC services. It provides mobile communications services such as local voice, SMS, MMS, IDD, and international roaming, as well as data services and applications including direct carrier billing offerings, mobile device security management, eBooks, music downloads, movies-on-demand, mobile social networking applications, and FinTech.

Hutchison Telecommunications Hong Kong Holdings (FRA:4C6) Headlines

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