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Acer Gadget (TPE:2432) Equity-to-Asset : 0.70 (As of Mar. 2024)


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What is Acer Gadget Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Acer Gadget's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,263 Mil. Acer Gadget's Total Assets for the quarter that ended in Mar. 2024 was NT$1,814 Mil. Therefore, Acer Gadget's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

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

TPE:2432' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.68   Max: 0.75
Current: 0.7

During the past 5 years, the highest Equity to Asset Ratio of Acer Gadget was 0.75. The lowest was 0.46. And the median was 0.68.

TPE:2432's Equity-to-Asset is ranked better than
70.99% of 2489 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:2432: 0.70

Acer Gadget Equity-to-Asset Historical Data

The historical data trend for Acer Gadget'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.

Acer Gadget Equity-to-Asset Chart

Acer Gadget Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.67 0.49 0.46 0.69 0.68

Acer Gadget Quarterly Data
Dec19 Dec20 Jun21 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 0.75 0.71 0.64 0.68 0.70

Competitive Comparison of Acer Gadget's Equity-to-Asset

For the Computer Hardware subindustry, Acer Gadget'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.


Acer Gadget's Equity-to-Asset Distribution in the Hardware Industry

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

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



Acer Gadget 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.

Acer Gadget'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
=1273.596/1860.718
=0.68

Acer Gadget'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
=1263.149/1813.963
=0.70

* 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.


Acer Gadget  (TPE:2432) 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%.


Acer Gadget Equity-to-Asset Related Terms

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Acer Gadget (TPE:2432) Business Description

Traded in Other Exchanges
N/A
Address
No. 369, Fuxing North Road, 5th Floor, 7th Floor, Songshan District, Taipei City, TWN, 10541
Website
Acer Gadget Inc is mainly engaged in telecom value-added network business, computer hardware, and software application Use system design, sales, rental, and sales of computer innovation peripheral products and life smart products, and other related businesses.

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