Hiwin Technologies (TPE:2049) Equity-to-Asset : 0.68 (As of Dec. 2023)

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What is Hiwin Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hiwin Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$34,998 Mil. Hiwin Technologies's Total Assets for the quarter that ended in Dec. 2023 was NT$51,437 Mil. Therefore, Hiwin Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

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

TPE:2049' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.49 Max: 0.68
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Hiwin Technologies was 0.68. The lowest was 0.42. And the median was 0.49.

TPE:2049's Equity-to-Asset is ranked better than
70.21% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs TPE:2049: 0.68

Hiwin Technologies Equity-to-Asset Historical Data

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies Equity-to-Asset Chart

Hiwin Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.49

0.57

0.59

0.67

0.68

Hiwin Technologies 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															0.67	0.63	0.64	0.67	0.68

Competitive Comparison of Hiwin Technologies's Equity-to-Asset

For the Tools & Accessories subindustry, Hiwin Technologies'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.

Hiwin Technologies's Equity-to-Asset Distribution in the Industrial Products Industry

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

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

Hiwin Technologies 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.

Hiwin Technologies'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
	=	34998.024	/	51436.79
	=	0.68

Hiwin Technologies'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
	=	34998.024	/	51436.79
	=	0.68

Hiwin Technologies (TPE:2049) 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%.

Hiwin Technologies Equity-to-Asset Related Terms

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

Hiwin Technologies (TPE:2049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Technologies Corp (TPE:2049) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225

Website

https://www.hiwin.tw

Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

Hiwin Technologies (TPE:2049) Headlines

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