China Precision Steel (China Precision Steel) Equity-to-Asset : 0.04 (As of Dec. 2014)

China Precision Steel Equity-to-Asset Chart

China Precision Steel Annual Data
	Trend	Dec04	Dec05	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Equity-to-Asset		Get a 7-Day Free Trial					0.66	0.67	0.64	0.44	0.19

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Equity-to-Asset	Get a 7-Day Free Trial															0.28	0.11	0.19	0.11	0.04

Competitive Comparison of China Precision Steel's Equity-to-Asset

For the Steel subindustry, China Precision Steel'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.

China Precision Steel's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Precision Steel's Equity-to-Asset distribution charts can be found below:

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

China Precision Steel 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.

China Precision Steel's Equity to Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

China Precision Steel's Equity to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

* 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.

China Precision Steel  (OTCPK:CPSL) 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%.

China Precision Steel Equity-to-Asset Related Terms

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China Precision Steel (China Precision Steel) Business Description