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Answer Technology Co (TPE:3528) Equity-to-Asset : 0.28 (As of Mar. 2024)


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What is Answer Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Answer Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,757 Mil. Answer Technology Co's Total Assets for the quarter that ended in Mar. 2024 was NT$6,380 Mil. Therefore, Answer Technology Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.28.

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

TPE:3528' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.45   Max: 0.63
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Answer Technology Co was 0.63. The lowest was 0.22. And the median was 0.45.

TPE:3528's Equity-to-Asset is ranked worse than
87.18% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:3528: 0.28

Answer Technology Co Equity-to-Asset Historical Data

The historical data trend for Answer Technology Co'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.

Answer Technology Co Equity-to-Asset Chart

Answer Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.45 0.46 0.37 0.29

Answer Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.29 0.22 0.24 0.26 0.28

Competitive Comparison of Answer Technology Co's Equity-to-Asset

For the Electronics & Computer Distribution subindustry, Answer Technology Co'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.


Answer Technology Co's Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Answer Technology Co's Equity-to-Asset falls into.



Answer Technology Co 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.

Answer Technology Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1962.655/6738.656
=0.29

Answer Technology Co'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
=1756.804/6380.171
=0.28

* 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.


Answer Technology Co  (TPE:3528) 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%.


Answer Technology Co Equity-to-Asset Related Terms

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Answer Technology Co (TPE:3528) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, Yuzhi District, 21st Floor, No. 75, Section 1, Hsichih, Taipei, TWN, 221
Answer Technology Co Ltd is engaged in import, export and trading of electronic components. The company supplies analogue and semiconductor devices, micro telecommunication technologies and equipment.

Answer Technology Co (TPE:3528) Headlines

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