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Armstrong Industrial Limited (SGX:A14) Equity-to-Asset : 0.59 (As of Jun. 2013)


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What is Armstrong Industrial Limited Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Armstrong Industrial Limited's Total Stockholders Equity for the quarter that ended in Jun. 2013 was S$111.4 Mil. Armstrong Industrial Limited's Total Assets for the quarter that ended in Jun. 2013 was S$188.8 Mil. Therefore, Armstrong Industrial Limited's Equity to Asset Ratio for the quarter that ended in Jun. 2013 was 0.59.

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

SGX:A14's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Armstrong Industrial Limited Equity-to-Asset Historical Data

The historical data trend for Armstrong Industrial Limited'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.

Armstrong Industrial Limited Equity-to-Asset Chart

Armstrong Industrial Limited Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial 0.67 0.67 0.66 0.62 0.64

Armstrong Industrial Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 0.62 0.64 0.64 0.64 0.59

Competitive Comparison of Armstrong Industrial Limited's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Armstrong Industrial Limited'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.


Armstrong Industrial Limited's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Armstrong Industrial Limited's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Armstrong Industrial Limited's Equity-to-Asset falls into.



Armstrong Industrial Limited 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.

Armstrong Industrial Limited's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=108.619/169.335
=0.64

Armstrong Industrial Limited's Equity to Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

Equity to Asset (Q: Jun. 2013 )=Total Stockholders Equity/Total Assets
=111.395/188.827
=0.59

* 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.


Armstrong Industrial Limited  (SGX:A14) 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%.


Armstrong Industrial Limited Equity-to-Asset Related Terms

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Armstrong Industrial Limited (SGX:A14) Business Description

Traded in Other Exchanges
N/A
Address
Armstrong Industrial Corporation Limited is incorporated in Singapore. The Company is an investment holding company involved in manufacture and sale of precision die-cut foam and rubber moulded components for various technology and other applications. It operates in various segments namely Data storage, Office automation, Consumer electronics / Telecommunications, Automotive and Industrial engineering.

Armstrong Industrial Limited (SGX:A14) Headlines

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