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Telestone Technologies (Telestone Technologies) Equity-to-Asset : 0.42 (As of Dec. 2012)


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What is Telestone Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Telestone Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2012 was $114.00 Mil. Telestone Technologies's Total Assets for the quarter that ended in Dec. 2012 was $268.93 Mil. Therefore, Telestone Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2012 was 0.42.

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

TSTC's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Telestone Technologies Equity-to-Asset Historical Data

The historical data trend for Telestone 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.

Telestone Technologies Equity-to-Asset Chart

Telestone Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.56 0.49 0.48 0.42

Telestone Technologies Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.48 0.48 0.47 0.45 0.42

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

For the Communication Equipment subindustry, Telestone 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.


Telestone Technologies's Equity-to-Asset Distribution in the Hardware Industry

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

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



Telestone 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.

Telestone Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=113.996/268.925
=0.42

Telestone Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

Equity to Asset (Q: Dec. 2012 )=Total Stockholders Equity/Total Assets
=113.996/268.925
=0.42

* 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.


Telestone Technologies  (OTCPK:TSTC) 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%.


Telestone Technologies Equity-to-Asset Related Terms

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


Telestone Technologies (Telestone Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Telestone Technologies Corp was organized under the laws of the State of Colorado in February 1987 under the name Shield Enterprises, Inc. In August 2004, TSTC reincorporated in the State of Delaware under the name Telestone Technologies Corporation. It provides access network solutions in China. The company's access network solutions include the research and development and application of access-network technology. In addition to its homegrown access-network equipment, which includes repeaters, antennas, and radio-frequency peripherals, the company offers project design, project management, installation, maintenance, and other after sales services to its customers. The company offers WFDS, a next generation wireless distribution system. WFDS is an all-optical network that combines the technologies of both wireless and optical telecommunications. As of December 31, 2011, it completed 499 WFDS installations. The company designs and sells electronic equipment used to provide access-network solutions to its customers. Many of these types of equipment, including WFDS products, RFPA products, passive components and base station antennas for 2G, 3G, Broadband access and CATV networks, are specialized active microwave components designed to meet the needs of its customers.The company provides systems integration services to its customers. The primary systems integration services provided to the company's customers are project design and engineering, specifically, the development and design of indoor and outdoor wireless signal complementary coverage solutions and their applied products. The company also markets its products to 29 countries, including the United States, Vietnam, Mexico, Brazil, Russia, India, the Philippines, Thailand, Ireland, Ecuador, Mongolia, South Africa, Turkey, Indonesia, Colombia, Costa Rica, Argentina, Ukraine, Kazakhstan, Singapore, South Korea, Hong Kong, Saudi Arabia, New Zealand, Bangladesh, the United Arab Emirates, Canada, and Iceland.

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