Time Interconnect Technology (HKSE:01729) Equity-to-Asset : 0.21 (As of Sep. 2023)

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What is Time Interconnect Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Time Interconnect Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,213 Mil. Time Interconnect Technology's Total Assets for the quarter that ended in Sep. 2023 was HK$5,817 Mil. Therefore, Time Interconnect Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.21.

The historical rank and industry rank for Time Interconnect Technology's Equity-to-Asset or its related term are showing as below:

HKSE:01729' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.33 Max: 0.56
Current: 0.21

During the past 8 years, the highest Equity to Asset Ratio of Time Interconnect Technology was 0.56. The lowest was 0.15. And the median was 0.33.

HKSE:01729's Equity-to-Asset is ranked worse than
92.59% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:01729: 0.21

Time Interconnect Technology Equity-to-Asset Historical Data

The historical data trend for Time Interconnect Technology'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.

Time Interconnect Technology Equity-to-Asset Chart

Time Interconnect Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Equity-to-Asset

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0.52

0.35

0.36

0.33

Time Interconnect Technology Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial											0.31	0.33	0.15	0.19	0.21

Competitive Comparison of Time Interconnect Technology's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Time Interconnect Technology'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.

Time Interconnect Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Time Interconnect Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Time Interconnect Technology's Equity-to-Asset falls into.

Time Interconnect Technology 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.

Time Interconnect Technology's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	1051.174	/	3182.762
	=	0.33

Time Interconnect Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1212.957	/	5817.189
	=	0.21

Time Interconnect Technology (HKSE:01729) 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%.

Time Interconnect Technology Equity-to-Asset Related Terms

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

Time Interconnect Technology (HKSE:01729) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Time Interconnect Technology Ltd (HKSE:01729) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

5 Science Park East Avenue, Units 213-221, 2/F, Building 5E, Hong Kong Science Park, Shatin, Hong Kong, HKG

Website

https://www.time-interconnect.com

Time Interconnect Technology Ltd is an investment holding company. The company operates in the manufacture and sales of a wide variety of copper, digital cable products, & optical fiber cable assemblies. The firm is organized into two main operating divisions Cable assembly, Digital cables, and Server. The company generates revenue from the Server segment which includes manufacturing and trading of server products. Geographically, the company derives a majority of its revenue from China and also has a presence in the United States of America; Netherlands; Singapore; Hong Kong, and Other Countries. The company serves Telecommunication and Data Communication; Healthcare and Transportation and Industrial markets.

Executives

Wang Laichun	2201 Interest of corporation controlled by you
Wang Laisheng	2201 Interest of corporation controlled by you
Li Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Li Xun Jing Mi Gong Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Time Interconnect Technology (HKSE:01729) Headlines

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