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Waffer Technology (TPE:6235) Equity-to-Asset : 0.48 (As of Dec. 2023)


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What is Waffer Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Waffer Technology's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$3,961 Mil. Waffer Technology's Total Assets for the quarter that ended in Dec. 2023 was NT$8,286 Mil. Therefore, Waffer Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

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

TPE:6235' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.53   Max: 0.7
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Waffer Technology was 0.70. The lowest was 0.45. And the median was 0.53.

TPE:6235's Equity-to-Asset is ranked worse than
62.76% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs TPE:6235: 0.48

Waffer Technology Equity-to-Asset Historical Data

The historical data trend for Waffer Technology'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.

Waffer Technology Equity-to-Asset Chart

Waffer Technology 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 0.45 0.53 0.48 0.54 0.48

Waffer Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.54 0.53 0.51 0.49 0.48

Competitive Comparison of Waffer Technology's Equity-to-Asset

For the Metal Fabrication subindustry, Waffer Technology'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.


Waffer Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waffer Technology's Equity-to-Asset distribution charts can be found below:

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



Waffer Technology 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.

Waffer Technology'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
=3961.167/8285.571
=0.48

Waffer Technology'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
=3961.167/8285.571
=0.48

* 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.


Waffer Technology  (TPE:6235) 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%.


Waffer Technology Equity-to-Asset Related Terms

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


Waffer Technology (TPE:6235) Business Description

Traded in Other Exchanges
N/A
Address
No.200 Wenhua 2nd Rd, Guishan Township, Taoyuan, TWN, 33377
Waffer Technology Corp is a Taiwan-based company, that engages in the manufacture and sale of magnesium alloy and aluminum alloy die-casting components and products. It is engaged in the provision of a light-metal solution of magnesium and aluminum alloy, mold and tooling research and development, magnesium alloy injection, magnesium die-casting, CNC, and painting and assembly of vertical integration OEM/ODM processing. It serves its services to medical, industrial, telecommunications, construction, automotive, sporting goods, aeronautical, transportation, national defense, and other industries.

Waffer Technology (TPE:6235) Headlines

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