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Abico Avy Co (ROCO:5392) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is Abico Avy Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Abico Avy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$5,572 Mil. Abico Avy Co's Total Assets for the quarter that ended in Dec. 2023 was NT$15,339 Mil. Therefore, Abico Avy Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

ROCO:5392' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.33   Max: 0.56
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Abico Avy Co was 0.56. The lowest was 0.29. And the median was 0.33.

ROCO:5392's Equity-to-Asset is ranked worse than
80.07% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs ROCO:5392: 0.36

Abico Avy Co Equity-to-Asset Historical Data

The historical data trend for Abico Avy 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.

Abico Avy Co Equity-to-Asset Chart

Abico Avy 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 0.36 0.33 0.33 0.35 0.36

Abico Avy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.35 0.37 0.37 0.37 0.36

Competitive Comparison of Abico Avy Co's Equity-to-Asset

For the Electronic Components subindustry, Abico Avy 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.


Abico Avy Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Abico Avy Co's Equity-to-Asset distribution charts can be found below:

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



Abico Avy 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.

Abico Avy 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
=5571.748/15338.764
=0.36

Abico Avy 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
=5571.748/15338.764
=0.36

* 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.


Abico Avy Co  (ROCO:5392) 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%.


Abico Avy Co Equity-to-Asset Related Terms

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Abico Avy Co (ROCO:5392) Business Description

Traded in Other Exchanges
N/A
Address
No.101 Fuxing North Road, 10595, 10th Floor, Taipei, TWN, 105
Abico Avy Co Ltd is a professional camera parts supplier in Taiwan. It is mainly engaged in producing and supplying micro-motor. It is also involved in the designing and manufacturing of molds and stamping products. Its product offerings comprise metal parts for the camera and mobile phone, inner structured parts, nameplate and appearance parts, mechanical, electronic and auto parts.

Abico Avy Co (ROCO:5392) Headlines

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