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Twinhead International (TPE:2364) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Twinhead International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Twinhead International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$485 Mil. Twinhead International's Total Assets for the quarter that ended in Mar. 2024 was NT$1,357 Mil. Therefore, Twinhead International's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

TPE:2364' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.31   Max: 0.5
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Twinhead International was 0.50. The lowest was 0.22. And the median was 0.31.

TPE:2364's Equity-to-Asset is ranked worse than
79.58% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:2364: 0.36

Twinhead International Equity-to-Asset Historical Data

The historical data trend for Twinhead 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.

* Premium members only.

Twinhead International Equity-to-Asset Chart

Twinhead International 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 0.24 0.23 0.27 0.30 0.35

Twinhead International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.30 0.34 0.36 0.35 0.36

Competitive Comparison of Twinhead International's Equity-to-Asset

For the Computer Hardware subindustry, Twinhead 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.


Twinhead International's Equity-to-Asset Distribution in the Hardware Industry

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

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



Twinhead 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.

Twinhead International'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
=453.239/1306.981
=0.35

Twinhead International'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
=484.921/1357.329
=0.36

* 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.


Twinhead International  (TPE:2364) 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%.


Twinhead International Equity-to-Asset Related Terms

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


Twinhead International (TPE:2364) Business Description

Traded in Other Exchanges
N/A
Address
No. 550, Ruiguang Road, 9th Floor, Neihu District, Taipei, TWN, 114
Twinhead International Corp is engaged in the manufacturing of personal computers and peripherals. Its product offerings include mobile computers for military/industrial applications, rugged tablet PCs, semi-rugged mobile computers, mobile thin clients, medical tablet PCs, and other customized motherboards/systems. In addition to standard product lines, the company also offers full original design manufacturing and partial customization service.

Twinhead International (TPE:2364) Headlines

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