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ALFOT Technologies Co (ROCO:4553) Equity-to-Asset : 0.42 (As of Dec. 2023)


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What is ALFOT Technologies Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ALFOT Technologies Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$533.8 Mil. ALFOT Technologies Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,282.0 Mil. Therefore, ALFOT Technologies Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

ROCO:4553' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.45   Max: 0.52
Current: 0.42

During the past 12 years, the highest Equity to Asset Ratio of ALFOT Technologies Co was 0.52. The lowest was 0.41. And the median was 0.45.

ROCO:4553's Equity-to-Asset is ranked worse than
72.74% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs ROCO:4553: 0.42

ALFOT Technologies Co Equity-to-Asset Historical Data

The historical data trend for ALFOT Technologies 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.

ALFOT Technologies Co Equity-to-Asset Chart

ALFOT Technologies Co 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 0.45 0.41 0.41 0.44 0.42

ALFOT Technologies Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 0.41 0.40 0.44 0.44 0.42

Competitive Comparison of ALFOT Technologies Co's Equity-to-Asset

For the Metal Fabrication subindustry, ALFOT Technologies 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.


ALFOT Technologies Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ALFOT Technologies Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ALFOT Technologies Co's Equity-to-Asset falls into.



ALFOT Technologies 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.

ALFOT Technologies Co'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
=533.779/1281.981
=0.42

ALFOT Technologies Co'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
=533.779/1281.981
=0.42

* 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.


ALFOT Technologies Co  (ROCO:4553) 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%.


ALFOT Technologies Co Equity-to-Asset Related Terms

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ALFOT Technologies Co (ROCO:4553) Business Description

Traded in Other Exchanges
N/A
Address
Number 8, 19th Road, Taichung Industrial Park, Taichung, TWN, 40850
ALFOT Technologies Co Ltd is engaged in the project for the manufacturing, designing, sales, and OEM of aluminum forging products. Its products include Forged suspension arms, Aluminium forged bicycle products, Aluminium forged hub and Aluminium forged hook among others.

ALFOT Technologies Co (ROCO:4553) Headlines

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