GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Special Chemicals Corp (ROCO:4772) » Definitions » Equity-to-Asset

Taiwan Special Chemicals (ROCO:4772) Equity-to-Asset : 0.95 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Taiwan Special Chemicals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taiwan Special Chemicals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,756.6 Mil. Taiwan Special Chemicals's Total Assets for the quarter that ended in Dec. 2023 was NT$1,840.3 Mil. Therefore, Taiwan Special Chemicals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.95.

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

ROCO:4772' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.93   Max: 0.95
Current: 0.95

During the past 5 years, the highest Equity to Asset Ratio of Taiwan Special Chemicals was 0.95. The lowest was 0.70. And the median was 0.93.

ROCO:4772's Equity-to-Asset is ranked better than
98.35% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs ROCO:4772: 0.95

Taiwan Special Chemicals Equity-to-Asset Historical Data

The historical data trend for Taiwan Special Chemicals'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.

Taiwan Special Chemicals Equity-to-Asset Chart

Taiwan Special Chemicals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.70 0.79 0.93 0.94 0.95

Taiwan Special Chemicals Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.93 0.90 0.94 0.91 0.95

Competitive Comparison of Taiwan Special Chemicals's Equity-to-Asset

For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.


Taiwan Special Chemicals's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Special Chemicals's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Taiwan Special Chemicals's Equity-to-Asset falls into.



Taiwan Special Chemicals 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.

Taiwan Special Chemicals'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
=1756.582/1840.345
=0.95

Taiwan Special Chemicals'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
=1756.582/1840.345
=0.95

* 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.


Taiwan Special Chemicals  (ROCO:4772) 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%.


Taiwan Special Chemicals Equity-to-Asset Related Terms

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


Taiwan Special Chemicals (ROCO:4772) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Zhangbin West 3rd Road, Changhua County, Xianxi Township, TWN, 507
Taiwan Special Chemicals Corp is a developer and manufacturer of semiconductor special gas and semiconductor chemical materials.

Taiwan Special Chemicals (ROCO:4772) Headlines

No Headlines