Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abc Multiactive's Total Stockholders Equity for the quarter that ended in Nov. 2023 was HK$8.18 Mil. abc Multiactive's Total Assets for the quarter that ended in Nov. 2023 was HK$41.72 Mil.
Therefore, abc Multiactive's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.20.
The historical rank and industry rank for abc Multiactive's Equity-to-Asset or its related term are showing as below:
HKSE:08131'
s Equity-to-Asset Range Over the Past 10 Years
Min: -12.88 Med: -2.89 Max: 0.32
Current: 0.2
During the past 13 years, the highest Equity to Asset Ratio of abc Multiactive was 0.32. The lowest was -12.88. And the median was -2.89.
HKSE:08131's Equity-to-Asset is ranked worse than 83.74% of 2847
companies
in the Software industry
Industry Median: 0.55
vs HKSE:08131: 0.20
abc Multiactive Equity-to-Asset Historical Data
The historical data trend for abc Multiactive'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.
Competitive Comparison of abc Multiactive's Equity-to-Asset
For the Software - Application subindustry, abc Multiactive'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.
abc Multiactive's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, abc Multiactive's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where abc Multiactive's Equity-to-Asset falls into.
abc Multiactive 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.
abc Multiactive's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as
* 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.
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%.
abc Multiactive Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of abc Multiactive's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
abc Multiactive Ltd is a Bermuda based company principally engaged in the design and sales of computer software licenses; computer software license leasing and provision of related services; provision of maintenance services; sales of computer hardware and related products; provision of fintech resources services and overseas mortgage loan consultancy services. The company's operating segments are financial solutions, consultancy services, and Fintech resources. Its products and services include trading and settlement of equity, futures, and equity options. It is also involved in internet trade, mobile trade, global trading and wealth management. Majority of the company's revenue is derived through the financial solutions segment from Hong Kong.
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