The historical rank and industry rank for Vicplas International's Equity-to-Asset or its related term are showing as below:
SGX:569'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6 Med: 0.74 Max: 0.83
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Vicplas International was 0.83. The lowest was 0.60. And the median was 0.74.
SGX:569's Equity-to-Asset is ranked worse than 54.7% of 872
companies
in the Medical Devices & Instruments industry
Industry Median: 0.64
vs SGX:569: 0.61
Vicplas International Equity-to-Asset Historical Data
The historical data trend for Vicplas International'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 Vicplas International's Equity-to-Asset
For the Medical Devices subindustry, Vicplas International'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.
Vicplas International's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Vicplas International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Vicplas International's Equity-to-Asset falls into.
Vicplas International 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.
Vicplas International's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Vicplas International (SGX:569) 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%.
Vicplas International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Vicplas International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Vicplas International (SGX:569) Business Description
Vicplas International Ltd is an investment holding company. The company is organized into two main business activities: the Pipes and Pipe Fitting segment and the Medical Devices segment, which is the key revenue driver. Pipes and Pipe Fittings segment engages in the manufacturing and distribution of plastic building products, including uPVC pipes and pipe fittings and electrical conduits. The Medical device segment is involved in the research, design, development, and manufacture of medical devices. The company generates majority of its revenue from medical devices. The company does its sales through geographical segments that include Singapore, Malaysia, China, and the United Kingdom, of which the majority of the revenue comes from Singapore.
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