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Taiwan Green Environment Technology (ROCO:5205) Equity-to-Asset : 0.79 (As of Dec. 2024)


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What is Taiwan Green Environment Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taiwan Green Environment Technology's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$130.92 Mil. Taiwan Green Environment Technology's Total Assets for the quarter that ended in Dec. 2024 was NT$165.26 Mil. Therefore, Taiwan Green Environment Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.79.

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

ROCO:5205' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.38   Max: 0.92
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Taiwan Green Environment Technology was 0.92. The lowest was 0.07. And the median was 0.38.

ROCO:5205's Equity-to-Asset is ranked better than
83.63% of 2846 companies
in the Software industry
Industry Median: 0.55 vs ROCO:5205: 0.79

Taiwan Green Environment Technology Equity-to-Asset Historical Data

The historical data trend for Taiwan Green Environment 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.

Taiwan Green Environment Technology Equity-to-Asset Chart

Taiwan Green Environment Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.22 0.70 0.60 0.79

Taiwan Green Environment Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.60 0.65 0.60 0.57 0.79

Competitive Comparison of Taiwan Green Environment Technology's Equity-to-Asset

For the Software - Application subindustry, Taiwan Green Environment 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.


Taiwan Green Environment Technology's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Taiwan Green Environment Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Taiwan Green Environment Technology's Equity-to-Asset falls into.


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Taiwan Green Environment 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.

Taiwan Green Environment Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=130.917/165.263
=0.79

Taiwan Green Environment Technology's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=130.917/165.263
=0.79

* 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 Green Environment Technology  (ROCO:5205) 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 Green Environment Technology Equity-to-Asset Related Terms

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


Taiwan Green Environment Technology Business Description

Traded in Other Exchanges
N/A
Address
Neihu Road, 3rd Floor - 1, No. 396, Section 1, Neihu District, Taipei, TWN, 11493
Taiwan Green Environment Technology Inc is a Taiwan based company. The company's main business is vehicle transportation, information electromechanical, and resource recycling services. The vehicle management plan provides fleet management systems and related monitoring value-added services for commercial fleet customers, such as driving video management services. The information service plan includes information and electrical integration services, and data analysis. The waste treatment and recycling services combine environmental technology, machinery, information, and other cross-disciplinary teams to provide construction planning and services for waste and water treatment sites.

Taiwan Green Environment Technology Headlines

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