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AAC Technologies Holdings (AAC Technologies Holdings) Equity-to-Asset : 0.56 (As of Dec. 2023)


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What is AAC Technologies Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AAC Technologies Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,065 Mil. AAC Technologies Holdings's Total Assets for the quarter that ended in Dec. 2023 was $5,450 Mil. Therefore, AAC Technologies Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

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

AACAY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.57   Max: 0.69
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of AAC Technologies Holdings was 0.69. The lowest was 0.52. And the median was 0.57.

AACAY's Equity-to-Asset is ranked worse than
51.03% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs AACAY: 0.56

AAC Technologies Holdings Equity-to-Asset Historical Data

The historical data trend for AAC Technologies Holdings'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.

AAC Technologies Holdings Equity-to-Asset Chart

AAC Technologies Holdings 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 0.57 0.54 0.52 0.54 0.56

AAC Technologies Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.52 0.54 0.54 0.55 0.56

Competitive Comparison of AAC Technologies Holdings's Equity-to-Asset

For the Communication Equipment subindustry, AAC Technologies Holdings'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.


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

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

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



AAC Technologies Holdings 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.

AAC Technologies Holdings'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
=3064.543/5449.537
=0.56

AAC Technologies Holdings'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
=3064.543/5449.537
=0.56

* 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.


AAC Technologies Holdings  (OTCPK:AACAY) 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%.


AAC Technologies Holdings Equity-to-Asset Related Terms

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


AAC Technologies Holdings (AAC Technologies Holdings) Business Description

Address
38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since then expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 27,798 people in December 2022.