GrandTech Cloud Services (ROCO:7747) Equity-to-Asset : 0.52 (As of Jun. 2024)

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What is GrandTech Cloud Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GrandTech Cloud Services's Total Stockholders Equity for the quarter that ended in Jun. 2024 was NT$454 Mil. GrandTech Cloud Services's Total Assets for the quarter that ended in Jun. 2024 was NT$873 Mil. Therefore, GrandTech Cloud Services's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.52.

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

ROCO:7747' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.58 Max: 0.59
Current: 0.52

During the past 2 years, the highest Equity to Asset Ratio of GrandTech Cloud Services was 0.59. The lowest was 0.52. And the median was 0.58.

ROCO:7747's Equity-to-Asset is ranked worse than
53.38% of 2825 companies
in the Software industry
Industry Median: 0.55 vs ROCO:7747: 0.52

GrandTech Cloud Services Equity-to-Asset Historical Data

The historical data trend for GrandTech Cloud Services'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.

GrandTech Cloud Services Equity-to-Asset Chart

GrandTech Cloud Services Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.58

0.59

GrandTech Cloud Services Quarterly Data
	Dec22	Jun23	Dec23	Jun24
Equity-to-Asset	0.58	-	0.59	0.52

Competitive Comparison of GrandTech Cloud Services's Equity-to-Asset

For the Software - Infrastructure subindustry, GrandTech Cloud Services'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.

GrandTech Cloud Services's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, GrandTech Cloud Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GrandTech Cloud Services's Equity-to-Asset falls into.

GrandTech Cloud Services 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.

GrandTech Cloud Services'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
	=	415.758	/	708.359
	=	0.59

GrandTech Cloud Services's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	454.035	/	873.46
	=	0.52

GrandTech Cloud Services (ROCO:7747) 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%.

GrandTech Cloud Services Equity-to-Asset Related Terms

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GrandTech Cloud Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GrandTech Cloud Services Inc (ROCO:7747) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 76, Ruiguang Road, 2nd Floor, No.33, Neihu District, Taipei, TWN, 114

Website

https://www.grandtechcloud.com

GrandTech Cloud Services Inc is a company that is involved in professional software and hardware marketing and has a customer base in the games, animation, and creative industries. It has overseas bases in Hong Kong, Malaysia, Singapore, Indonesia and Japan. It provides a full range of cloud consulting and operation services to help enterprises create greater business value. It also provides FinOps multi-country cross-cloud integrated accounting systems.

GrandTech Cloud Services Headlines

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