GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Johnson Electric Holdings Ltd (OTCPK:JEHLY) » Definitions » Equity-to-Asset

Johnson Electric Holdings (Johnson Electric Holdings) Equity-to-Asset : 0.61 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Johnson Electric Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Johnson Electric Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,552 Mil. Johnson Electric Holdings's Total Assets for the quarter that ended in Mar. 2024 was $4,221 Mil. Therefore, Johnson Electric Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.61.

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

JEHLY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.58   Max: 0.65
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Johnson Electric Holdings was 0.65. The lowest was 0.53. And the median was 0.58.

JEHLY's Equity-to-Asset is ranked better than
72.17% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs JEHLY: 0.61

Johnson Electric Holdings Equity-to-Asset Historical Data

The historical data trend for Johnson Electric 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.

Johnson Electric Holdings Equity-to-Asset Chart

Johnson Electric Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.55 0.56 0.60 0.61

Johnson Electric Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.56 0.57 0.60 0.61 0.61

Competitive Comparison of Johnson Electric Holdings's Equity-to-Asset

For the Auto Parts subindustry, Johnson Electric 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.


Johnson Electric Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Johnson Electric Holdings's Equity-to-Asset falls into.



Johnson Electric 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.

Johnson Electric Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2552.009/4221.468
=0.60

Johnson Electric Holdings'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
=2552.009/4221.468
=0.60

* 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.


Johnson Electric Holdings  (OTCPK:JEHLY) 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%.


Johnson Electric Holdings Equity-to-Asset Related Terms

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


Johnson Electric Holdings (Johnson Electric Holdings) Business Description

Traded in Other Exchanges
Address
6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. The company operates in Hong Kong, Switzerland, Canada, Serbia, and Others.

Johnson Electric Holdings (Johnson Electric Holdings) Headlines

No Headlines