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Solargiga Energy Holdings (Solargiga Energy Holdings) Equity-to-Asset : 0.21 (As of Dec. 2023)


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What is Solargiga Energy Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solargiga Energy Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $165 Mil. Solargiga Energy Holdings's Total Assets for the quarter that ended in Dec. 2023 was $794 Mil. Therefore, Solargiga Energy Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

SEHLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.17   Max: 0.26
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Solargiga Energy Holdings was 0.26. The lowest was 0.03. And the median was 0.17.

SEHLF's Equity-to-Asset is ranked worse than
92.02% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs SEHLF: 0.21

Solargiga Energy Holdings Equity-to-Asset Historical Data

The historical data trend for Solargiga Energy 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.

Solargiga Energy Holdings Equity-to-Asset Chart

Solargiga Energy 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 0.10 0.03 0.06 0.14 0.21

Solargiga Energy 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 0.06 0.05 0.14 0.19 0.21

Competitive Comparison of Solargiga Energy Holdings's Equity-to-Asset

For the Solar subindustry, Solargiga Energy 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.


Solargiga Energy Holdings's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solargiga Energy Holdings's Equity-to-Asset distribution charts can be found below:

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



Solargiga Energy 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.

Solargiga Energy 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
=164.845/793.843
=0.21

Solargiga Energy 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
=164.845/793.843
=0.21

* 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.


Solargiga Energy Holdings  (OTCPK:SEHLF) 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%.


Solargiga Energy Holdings Equity-to-Asset Related Terms

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Solargiga Energy Holdings (Solargiga Energy Holdings) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG
Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in the manufacturing of, trading of and provision of processing services for polysilicon and monocrystalline silicon solar ingots, the manufacturing, and trading of semiconductor and monocrystalline silicon solar cells, the manufacturing and trading of photovoltaic modules, and the construction and operation of photovoltaic power plants. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe, America, and other Asian regions.

Solargiga Energy Holdings (Solargiga Energy Holdings) Headlines

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