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Skyworth Group (STU:KYW) Equity-to-Asset : 0.27 (As of Dec. 2023)


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What is Skyworth Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skyworth Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,330 Mil. Skyworth Group's Total Assets for the quarter that ended in Dec. 2023 was €8,625 Mil. Therefore, Skyworth Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

STU:KYW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.34   Max: 0.41
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Skyworth Group was 0.41. The lowest was 0.27. And the median was 0.34.

STU:KYW's Equity-to-Asset is ranked worse than
87.93% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs STU:KYW: 0.27

Skyworth Group Equity-to-Asset Historical Data

The historical data trend for Skyworth Group'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.

Skyworth Group Equity-to-Asset Chart

Skyworth Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.30 0.30 0.28 0.27

Skyworth Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 0.30 0.29 0.28 0.25 0.27

Competitive Comparison of Skyworth Group's Equity-to-Asset

For the Consumer Electronics subindustry, Skyworth Group'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.


Skyworth Group's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Skyworth Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Skyworth Group's Equity-to-Asset falls into.



Skyworth Group 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.

Skyworth Group'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
=2329.551/8625.338
=0.27

Skyworth Group'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
=2329.551/8625.338
=0.27

* 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.


Skyworth Group  (STU:KYW) 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%.


Skyworth Group Equity-to-Asset Related Terms

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


Skyworth Group (STU:KYW) Business Description

Traded in Other Exchanges
Address
20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG
Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.

Skyworth Group (STU:KYW) Headlines

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