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APEX Wind Power Equipment Manufacturing (ROCO:7702) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is APEX Wind Power Equipment Manufacturing Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. APEX Wind Power Equipment Manufacturing's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$828 Mil. APEX Wind Power Equipment Manufacturing's Total Assets for the quarter that ended in Dec. 2023 was NT$1,027 Mil. Therefore, APEX Wind Power Equipment Manufacturing's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

The historical rank and industry rank for APEX Wind Power Equipment Manufacturing's Equity-to-Asset or its related term are showing as below:

ROCO:7702' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.81   Max: 0.84
Current: 0.81

During the past 3 years, the highest Equity to Asset Ratio of APEX Wind Power Equipment Manufacturing was 0.84. The lowest was 0.80. And the median was 0.81.

ROCO:7702's Equity-to-Asset is ranked better than
86.75% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs ROCO:7702: 0.81

APEX Wind Power Equipment Manufacturing Equity-to-Asset Historical Data

The historical data trend for APEX Wind Power Equipment Manufacturing'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.

APEX Wind Power Equipment Manufacturing Equity-to-Asset Chart

APEX Wind Power Equipment Manufacturing Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.84 0.80 0.81

APEX Wind Power Equipment Manufacturing Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.84 - 0.80 0.78 0.81

Competitive Comparison of APEX Wind Power Equipment Manufacturing's Equity-to-Asset

For the Metal Fabrication subindustry, APEX Wind Power Equipment Manufacturing'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.


APEX Wind Power Equipment Manufacturing's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, APEX Wind Power Equipment Manufacturing's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where APEX Wind Power Equipment Manufacturing's Equity-to-Asset falls into.



APEX Wind Power Equipment Manufacturing 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.

APEX Wind Power Equipment Manufacturing'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
=828.093/1026.841
=0.81

APEX Wind Power Equipment Manufacturing'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
=828.093/1026.841
=0.81

* 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.


APEX Wind Power Equipment Manufacturing  (ROCO:7702) 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%.


APEX Wind Power Equipment Manufacturing Equity-to-Asset Related Terms

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


APEX Wind Power Equipment Manufacturing (ROCO:7702) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
17F, No. 97, Sec. 4 Road, Chongxin Road, Sanchong District, New Taipei, TWN, 24161
APEX Wind Power Equipment Manufacturing is a company that provides services ranging from steel plate storage, flame cutting (CNC), edge beveling, plate rolling, SAW submerged arc welding, to finished product related dimensional measurement and non-destructive test, APEX's one-stop service satisfies all clients with first-class products. It has great steel structure processing abilities and provides clients with the best services.

APEX Wind Power Equipment Manufacturing (ROCO:7702) Headlines

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