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Titan Petrochemicals Group (FRA:TIP1) Equity-to-Asset : -1.83 (As of Jun. 2020)


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What is Titan Petrochemicals Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Titan Petrochemicals Group's Total Stockholders Equity for the quarter that ended in Jun. 2020 was €-91.28 Mil. Titan Petrochemicals Group's Total Assets for the quarter that ended in Jun. 2020 was €49.92 Mil. Therefore, Titan Petrochemicals Group's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was -1.83.

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

FRA:TIP1's Equity-to-Asset is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Titan Petrochemicals Group Equity-to-Asset Historical Data

The historical data trend for Titan Petrochemicals Group'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.

Titan Petrochemicals Group Equity-to-Asset Chart

Titan Petrochemicals Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.35 0.03 0.06 -1.43 -2.57

Titan Petrochemicals Group Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 -0.12 -1.43 -1.54 -2.57 -1.83

Competitive Comparison of Titan Petrochemicals Group's Equity-to-Asset

For the Aerospace & Defense subindustry, Titan Petrochemicals Group'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.


Titan Petrochemicals Group's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Titan Petrochemicals Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Titan Petrochemicals Group's Equity-to-Asset falls into.



Titan Petrochemicals Group 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.

Titan Petrochemicals Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-98.288/38.247
=-2.57

Titan Petrochemicals Group's Equity to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Equity to Asset (Q: Jun. 2020 )=Total Stockholders Equity/Total Assets
=-91.276/49.916
=-1.83

* 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.


Titan Petrochemicals Group  (FRA:TIP1) 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%.


Titan Petrochemicals Group Equity-to-Asset Related Terms

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Titan Petrochemicals Group (FRA:TIP1) Business Description

Traded in Other Exchanges
N/A
Address
303 Hennessy Road, Room 802, 8th Floor, OfficePlus@Wan Chai, Wanchai, Hong Kong, HKG
Titan Petrochemicals Group Ltd is principally engaged in the business of construction and repair of the ship, and upstream and downstream oil and gas business. It is also engaged in providing logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. It operates through two business units: Trading of commodities; and Shipbuilding, ship repairing and manufacturing of steel structure. It earns all its revenues from China.

Titan Petrochemicals Group (FRA:TIP1) Headlines

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