Texture Maker Enterprise Co (ROCO:6963) Equity-to-Asset : 0.42 (As of Dec. 2023)

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What is Texture Maker Enterprise Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Texture Maker Enterprise Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$339.6 Mil. Texture Maker Enterprise Co's Total Assets for the quarter that ended in Dec. 2023 was NT$812.3 Mil. Therefore, Texture Maker Enterprise Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

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

ROCO:6963' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.4 Max: 0.42
Current: 0.42

During the past 4 years, the highest Equity to Asset Ratio of Texture Maker Enterprise Co was 0.42. The lowest was 0.38. And the median was 0.40.

ROCO:6963's Equity-to-Asset is ranked worse than
66.04% of 1926 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ROCO:6963: 0.42

Texture Maker Enterprise Co Equity-to-Asset Historical Data

The historical data trend for Texture Maker Enterprise 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.

Texture Maker Enterprise Co Equity-to-Asset Chart

Texture Maker Enterprise Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.40

0.38

0.40

0.42

Texture Maker Enterprise Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.38	-	0.40	0.35	0.42

Competitive Comparison of Texture Maker Enterprise Co's Equity-to-Asset

For the Packaged Foods subindustry, Texture Maker Enterprise 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.

Texture Maker Enterprise Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Texture Maker Enterprise Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Texture Maker Enterprise Co's Equity-to-Asset falls into.

Texture Maker Enterprise 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.

Texture Maker Enterprise 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
	=	339.582	/	812.349
	=	0.42

Texture Maker Enterprise 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
	=	339.582	/	812.349
	=	0.42

Texture Maker Enterprise Co (ROCO:6963) 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%.

Texture Maker Enterprise Co Equity-to-Asset Related Terms

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Texture Maker Enterprise Co (ROCO:6963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251

Website

https://www.texturemaker.com.tw

Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

Texture Maker Enterprise Co (ROCO:6963) Headlines

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