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Ninetowns Internet Technology Group Co (FRA:NQU) Equity-to-Asset : 0.71 (As of Dec. 2013)


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What is Ninetowns Internet Technology Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ninetowns Internet Technology Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2013 was €117.54 Mil. Ninetowns Internet Technology Group Co's Total Assets for the quarter that ended in Dec. 2013 was €164.71 Mil. Therefore, Ninetowns Internet Technology Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2013 was 0.71.

The historical rank and industry rank for Ninetowns Internet Technology Group Co's Equity-to-Asset or its related term are showing as below:

FRA:NQU's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Ninetowns Internet Technology Group Co Equity-to-Asset Historical Data

The historical data trend for Ninetowns Internet Technology Group Co'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.

Ninetowns Internet Technology Group Co Equity-to-Asset Chart

Ninetowns Internet Technology Group Co Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.96 0.73 0.71 0.71

Ninetowns Internet Technology Group Co Semi-Annual Data
Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.96 0.73 0.71 0.71

Competitive Comparison of Ninetowns Internet Technology Group Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Ninetowns Internet Technology Group Co'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.


Ninetowns Internet Technology Group Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ninetowns Internet Technology Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ninetowns Internet Technology Group Co's Equity-to-Asset falls into.



Ninetowns Internet Technology Group Co 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.

Ninetowns Internet Technology Group Co'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
=117.536/164.705
=0.71

Ninetowns Internet Technology Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=117.536/164.705
=0.71

* 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.


Ninetowns Internet Technology Group Co  (FRA:NQU) 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%.


Ninetowns Internet Technology Group Co Equity-to-Asset Related Terms

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Ninetowns Internet Technology Group Co (FRA:NQU) Business Description

Traded in Other Exchanges
N/A
Address
Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

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