ION Electronic Materials Co (ROCO:6959) Equity-to-Asset : 0.79 (As of Dec. 2023)

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What is ION Electronic Materials Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ION Electronic Materials Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,347.0 Mil. ION Electronic Materials Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,695.9 Mil. Therefore, ION Electronic Materials Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

ROCO:6959' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.29 Med: 0.71 Max: 0.79
Current: 0.79

During the past 5 years, the highest Equity to Asset Ratio of ION Electronic Materials Co was 0.79. The lowest was -0.29. And the median was 0.71.

ROCO:6959's Equity-to-Asset is ranked better than
79.25% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs ROCO:6959: 0.79

ION Electronic Materials Co Equity-to-Asset Historical Data

The historical data trend for ION Electronic Materials 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.

ION Electronic Materials Co Equity-to-Asset Chart

ION Electronic Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.29

0.71

0.39

0.75

0.79

ION Electronic Materials Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.39	-	0.75	0.70	0.79

Competitive Comparison of ION Electronic Materials Co's Equity-to-Asset

For the Specialty Chemicals subindustry, ION Electronic Materials 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.

ION Electronic Materials Co's Equity-to-Asset Distribution in the Chemicals Industry

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

* The bar in red indicates where ION Electronic Materials Co's Equity-to-Asset falls into.

ION Electronic Materials 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.

ION Electronic Materials 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
	=	1346.996	/	1695.893
	=	0.79

ION Electronic Materials 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
	=	1346.996	/	1695.893
	=	0.79

ION Electronic Materials Co (ROCO:6959) 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%.

ION Electronic Materials Co Equity-to-Asset Related Terms

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

ION Electronic Materials Co (ROCO:6959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ION Electronic Materials Co Ltd (ROCO:6959) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103

Website

https://www.iemc.co/tw

ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.

ION Electronic Materials Co (ROCO:6959) Headlines

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