GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Scantech Ltd (ASX:SCD) » Definitions » Equity-to-Asset

Scantech (ASX:SCD) Equity-to-Asset : 0.63 (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Scantech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scantech's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$13.30 Mil. Scantech's Total Assets for the quarter that ended in Jun. 2015 was A$21.13 Mil. Therefore, Scantech's Equity to Asset Ratio for the quarter that ended in Jun. 2015 was 0.63.

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

ASX:SCD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.49   Max: 0.63
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Scantech was 0.63. The lowest was 0.05. And the median was 0.49.

ASX:SCD's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs ASX:SCD: 0.63

Scantech Equity-to-Asset Historical Data

The historical data trend for Scantech'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.

Scantech Equity-to-Asset Chart

Scantech Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.50 0.58 0.62 0.63

Scantech Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 0.58 0.64 0.62 0.65 0.63

Competitive Comparison of Scantech's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Scantech'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.


Scantech's Equity-to-Asset Distribution in the Hardware Industry

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

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



Scantech 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.

Scantech's Equity to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Equity to Asset (A: Jun. 2015 )=Total Stockholders Equity/Total Assets
=13.299/21.134
=0.63

Scantech's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=13.299/21.134
=0.63

* 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.


Scantech  (ASX:SCD) 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%.


Scantech Equity-to-Asset Related Terms

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


Scantech (ASX:SCD) Business Description

Traded in Other Exchanges
N/A
Address
Scantech Limited focuses on manufacture and marketing of scientific and industrial instruments principally for resource sector including cement, coal and mineral industries. It also provides consulting services to the coal industry and in-field support of scientific and instruments. The Company currently operates 930 systems installed in over 55 countries worldwide.

Scantech (ASX:SCD) Headlines

From GuruFocus

LMP Capital and Income Fund Inc. Announces Change in Portfolio Managers

By Business Wire Business Wire 07-26-2022