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GoMAX Electronics (ROCO:6512) Equity-to-Asset : 0.90 (As of Dec. 2024)


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What is GoMAX Electronics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GoMAX Electronics's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$373.9 Mil. GoMAX Electronics's Total Assets for the quarter that ended in Dec. 2024 was NT$416.3 Mil. Therefore, GoMAX Electronics's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.90.

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

ROCO:6512' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.88   Max: 0.91
Current: 0.9

During the past 12 years, the highest Equity to Asset Ratio of GoMAX Electronics was 0.91. The lowest was 0.72. And the median was 0.88.

ROCO:6512's Equity-to-Asset is ranked better than
95.65% of 2457 companies
in the Hardware industry
Industry Median: 0.57 vs ROCO:6512: 0.90

GoMAX Electronics Equity-to-Asset Historical Data

The historical data trend for GoMAX Electronics'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.

GoMAX Electronics Equity-to-Asset Chart

GoMAX Electronics 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 0.91 0.85 0.89 0.88 0.90

GoMAX Electronics 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 0.88 0.92 0.92 0.92 0.90

Competitive Comparison of GoMAX Electronics's Equity-to-Asset

For the Electronic Components subindustry, GoMAX Electronics'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.


GoMAX Electronics's Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where GoMAX Electronics's Equity-to-Asset falls into.


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GoMAX Electronics 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.

GoMAX Electronics'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
=373.892/416.298
=0.90

GoMAX Electronics'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
=373.892/416.298
=0.90

* 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.


GoMAX Electronics  (ROCO:6512) 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%.


GoMAX Electronics Equity-to-Asset Related Terms

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


GoMAX Electronics Business Description

Traded in Other Exchanges
N/A
Address
Number 251, Fusing 1st Street, 1st Floor, 5th Floor, Hsinchu County, Zhubei, TWN, 302
GoMAX Electronics Inc. is a Taiwan-based company that manufactures and sells audio and video systems. Its product portfolio includes the HDMI, DVI, DisplayPort, Analog, Wall Plate, and Video Processor series.

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