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De Poan Pneumatic (ROCO:1570) Equity-to-Asset : 0.89 (As of Dec. 2023)


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What is De Poan Pneumatic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. De Poan Pneumatic's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$899.0 Mil. De Poan Pneumatic's Total Assets for the quarter that ended in Dec. 2023 was NT$1,011.3 Mil. Therefore, De Poan Pneumatic's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

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

ROCO:1570' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.82   Max: 0.89
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of De Poan Pneumatic was 0.89. The lowest was 0.74. And the median was 0.82.

ROCO:1570's Equity-to-Asset is ranked better than
95.15% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs ROCO:1570: 0.89

De Poan Pneumatic Equity-to-Asset Historical Data

The historical data trend for De Poan Pneumatic'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.

De Poan Pneumatic Equity-to-Asset Chart

De Poan Pneumatic 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 0.84 0.81 0.82 0.87 0.89

De Poan Pneumatic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.87 0.88 0.84 0.91 0.89

Competitive Comparison of De Poan Pneumatic's Equity-to-Asset

For the Tools & Accessories subindustry, De Poan Pneumatic'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.


De Poan Pneumatic's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Poan Pneumatic's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where De Poan Pneumatic's Equity-to-Asset falls into.



De Poan Pneumatic 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.

De Poan Pneumatic'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
=899.003/1011.25
=0.89

De Poan Pneumatic'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
=899.003/1011.25
=0.89

* 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.


De Poan Pneumatic  (ROCO:1570) 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%.


De Poan Pneumatic Equity-to-Asset Related Terms

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


De Poan Pneumatic (ROCO:1570) Business Description

Traded in Other Exchanges
N/A
Address
No. 81, Museum Road, Ba-Li Shiang, Taipei, TWN, 24947
De Poan Pneumatic Corp is engaged in the manufacture and distribution of nailing and stapling products in Taiwan. Its products include coil nailer, cordless nailer, framing nailer, brad nailer, stapler, pinner, hand tool, air sanders and polishers among others.

De Poan Pneumatic (ROCO:1570) Headlines

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