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HKVTY (HK Electric Investments and HK Electric Investments) Equity-to-Asset : 0.41 (As of Jun. 2024)


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What is HK Electric Investments and HK Electric Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HK Electric Investments and HK Electric Investments's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $6,214 Mil. HK Electric Investments and HK Electric Investments's Total Assets for the quarter that ended in Jun. 2024 was $15,221 Mil. Therefore, HK Electric Investments and HK Electric Investments's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.41.

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

HKVTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.43   Max: 0.46
Current: 0.41

During the past 11 years, the highest Equity to Asset Ratio of HK Electric Investments and HK Electric Investments was 0.46. The lowest was 0.41. And the median was 0.43.

HKVTY's Equity-to-Asset is ranked better than
56.53% of 513 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs HKVTY: 0.41

HK Electric Investments and HK Electric Investments Equity-to-Asset Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Equity-to-Asset Chart

HK Electric Investments and HK Electric Investments 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 0.44 0.43 0.42 0.41 0.41

HK Electric Investments and HK Electric Investments Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.41 0.41 0.41 0.41 0.41

Competitive Comparison of HK Electric Investments and HK Electric Investments's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Equity-to-Asset falls into.



HK Electric Investments and HK Electric Investments 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.

HK Electric Investments and HK Electric Investments'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
=6271.351/15178.366
=0.41

HK Electric Investments and HK Electric Investments's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=6213.956/15220.871
=0.41

* 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.


HK Electric Investments and HK Electric Investments  (OTCPK:HKVTY) 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%.


HK Electric Investments and HK Electric Investments Equity-to-Asset Related Terms

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


HK Electric Investments and HK Electric Investments Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments Headlines

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