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China Specialty Glass AG (FRA:8GS) Equity-to-Asset : 0.73 (As of Jun. 2014)


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What is China Specialty Glass AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Specialty Glass AG's Total Stockholders Equity for the quarter that ended in Jun. 2014 was €153.1 Mil. China Specialty Glass AG's Total Assets for the quarter that ended in Jun. 2014 was €211.1 Mil. Therefore, China Specialty Glass AG's Equity to Asset Ratio for the quarter that ended in Jun. 2014 was 0.73.

The historical rank and industry rank for China Specialty Glass AG's Equity-to-Asset or its related term are showing as below:

FRA:8GS's Equity-to-Asset is not ranked *
in the Business Services industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

China Specialty Glass AG Equity-to-Asset Historical Data

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG Equity-to-Asset Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
0.83 0.80 0.68 0.69

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.68 0.69 0.69 0.68 0.73

Competitive Comparison of China Specialty Glass AG's Equity-to-Asset

For the Security & Protection Services subindustry, China Specialty Glass AG'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 Specialty Glass AG's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Specialty Glass AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Specialty Glass AG's Equity-to-Asset falls into.



China Specialty Glass AG 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 Specialty Glass AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=139.388/201.921
=0.69

China Specialty Glass AG's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=153.13/211.142
=0.73

* 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 Specialty Glass AG  (FRA:8GS) 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 Specialty Glass AG Equity-to-Asset Related Terms

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China Specialty Glass AG (FRA:8GS) Business Description

Traded in Other Exchanges
N/A
Address
An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.

China Specialty Glass AG (FRA:8GS) Headlines

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