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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Equity-to-Asset : 0.17 (As of Dec. 2023)


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What is Fu-Wang Ceramic Industry Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fu-Wang Ceramic Industry's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT1,641.3 Mil. Fu-Wang Ceramic Industry's Total Assets for the quarter that ended in Dec. 2023 was BDT9,534.9 Mil. Therefore, Fu-Wang Ceramic Industry's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

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

DHA:FUWANGCER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.67   Max: 0.83
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Fu-Wang Ceramic Industry was 0.83. The lowest was 0.17. And the median was 0.67.

DHA:FUWANGCER's Equity-to-Asset is ranked worse than
87.6% of 1677 companies
in the Construction industry
Industry Median: 0.44 vs DHA:FUWANGCER: 0.17

Fu-Wang Ceramic Industry Equity-to-Asset Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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.

Fu-Wang Ceramic Industry Equity-to-Asset Chart

Fu-Wang Ceramic Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.54 0.50 0.39 0.18

Fu-Wang Ceramic Industry 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 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 0.38 0.20 0.18 0.18 0.17

Competitive Comparison of Fu-Wang Ceramic Industry's Equity-to-Asset

For the Building Products & Equipment subindustry, Fu-Wang Ceramic Industry'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.


Fu-Wang Ceramic Industry's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fu-Wang Ceramic Industry's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fu-Wang Ceramic Industry's Equity-to-Asset falls into.



Fu-Wang Ceramic Industry 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.

Fu-Wang Ceramic Industry's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1622.733/9290.44
=0.17

Fu-Wang Ceramic Industry'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
=1641.269/9534.922
=0.17

* 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.


Fu-Wang Ceramic Industry  (DHA:FUWANGCER) 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%.


Fu-Wang Ceramic Industry Equity-to-Asset Related Terms

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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

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