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Lytone Enterprise (ROCO:1293) Equity-to-Asset : 0.51 (As of Dec. 2023)


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What is Lytone Enterprise Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lytone Enterprise's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$225.1 Mil. Lytone Enterprise's Total Assets for the quarter that ended in Dec. 2023 was NT$444.2 Mil. Therefore, Lytone Enterprise's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

ROCO:1293' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.49   Max: 0.59
Current: 0.51

During the past 6 years, the highest Equity to Asset Ratio of Lytone Enterprise was 0.59. The lowest was 0.41. And the median was 0.49.

ROCO:1293's Equity-to-Asset is ranked worse than
53.43% of 1922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ROCO:1293: 0.51

Lytone Enterprise Equity-to-Asset Historical Data

The historical data trend for Lytone Enterprise'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.

Lytone Enterprise Equity-to-Asset Chart

Lytone Enterprise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.41 0.48 0.59 0.58 0.51

Lytone Enterprise Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.59 0.53 0.58 0.57 0.51

Competitive Comparison of Lytone Enterprise's Equity-to-Asset

For the Farm Products subindustry, Lytone Enterprise'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.


Lytone Enterprise's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lytone Enterprise's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lytone Enterprise's Equity-to-Asset falls into.



Lytone Enterprise 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.

Lytone Enterprise's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=225.094/444.221
=0.51

Lytone Enterprise'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
=225.094/444.221
=0.51

* 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.


Lytone Enterprise  (ROCO:1293) 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%.


Lytone Enterprise Equity-to-Asset Related Terms

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


Lytone Enterprise (ROCO:1293) Business Description

Traded in Other Exchanges
N/A
Address
Lane 169, Kangning Street, Suite 1, 13th Floor, No. 31-1, Xizhi District, New Taipei City, TWN, 22180
Lytone Enterprise Inc is a provider of science-based solutions, data-driven technologies, and services to enhance the quality and extend the shelf life of fresh produce. It supports growers, packers, and retailers by providing post-harvest solutions at different stages of the supply chain from the farm to the market.

Lytone Enterprise (ROCO:1293) Headlines

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