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TSG Star Travel (ROCO:2719) Equity-to-Asset : 0.62 (As of Sep. 2024)


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What is TSG Star Travel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TSG Star Travel's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$755 Mil. TSG Star Travel's Total Assets for the quarter that ended in Sep. 2024 was NT$1,218 Mil. Therefore, TSG Star Travel's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.62.

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

ROCO:2719' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.44   Max: 0.78
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of TSG Star Travel was 0.78. The lowest was 0.12. And the median was 0.44.

ROCO:2719's Equity-to-Asset is ranked better than
67.5% of 837 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs ROCO:2719: 0.62

TSG Star Travel Equity-to-Asset Historical Data

The historical data trend for TSG Star Travel'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.

TSG Star Travel Equity-to-Asset Chart

TSG Star Travel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.22 0.78 0.64

TSG Star Travel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.69 0.64 0.64 0.58 0.62

Competitive Comparison of TSG Star Travel's Equity-to-Asset

For the Travel Services subindustry, TSG Star Travel'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.


TSG Star Travel's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TSG Star Travel's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TSG Star Travel's Equity-to-Asset falls into.



TSG Star Travel 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.

TSG Star Travel'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
=618.529/967.101
=0.64

TSG Star Travel's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=754.998/1218.102
=0.62

* 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.


TSG Star Travel  (ROCO:2719) 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%.


TSG Star Travel Equity-to-Asset Related Terms

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


TSG Star Travel Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Minsheng E. Road, 7F, No. 161, 163, Zhongshan District, Taipei, TWN
TSG Star Travel Corp provides travel-related services over the Internet. The company owns a website that offers travel information such as flight information, hotel information, and tour booking.

TSG Star Travel Headlines

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