GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemical Industries (Far East) Ltd (SGX:C05) » Definitions » Equity-to-Asset

Chemical Industries (Far East) (SGX:C05) Equity-to-Asset : 0.93 (As of Sep. 2023)


View and export this data going back to 1973. Start your Free Trial

What is Chemical Industries (Far East) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chemical Industries (Far East)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$128.75 Mil. Chemical Industries (Far East)'s Total Assets for the quarter that ended in Sep. 2023 was S$138.24 Mil. Therefore, Chemical Industries (Far East)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.93.

The historical rank and industry rank for Chemical Industries (Far East)'s Equity-to-Asset or its related term are showing as below:

SGX:C05' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.86   Max: 0.93
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of Chemical Industries (Far East) was 0.93. The lowest was 0.61. And the median was 0.86.

SGX:C05's Equity-to-Asset is ranked better than
97.06% of 1564 companies
in the Chemicals industry
Industry Median: 0.59 vs SGX:C05: 0.93

Chemical Industries (Far East) Equity-to-Asset Historical Data

The historical data trend for Chemical Industries (Far East)'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.

Chemical Industries (Far East) Equity-to-Asset Chart

Chemical Industries (Far East) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.86 0.86 0.85 0.90

Chemical Industries (Far East) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.85 0.88 0.90 0.93

Competitive Comparison of Chemical Industries (Far East)'s Equity-to-Asset

For the Chemicals subindustry, Chemical Industries (Far East)'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.


Chemical Industries (Far East)'s Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemical Industries (Far East)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chemical Industries (Far East)'s Equity-to-Asset falls into.



Chemical Industries (Far East) 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.

Chemical Industries (Far East)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=131.468/145.988
=0.90

Chemical Industries (Far East)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=128.753/138.237
=0.93

* 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.


Chemical Industries (Far East)  (SGX:C05) 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%.


Chemical Industries (Far East) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Chemical Industries (Far East)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Chemical Industries (Far East) (SGX:C05) Business Description

Traded in Other Exchanges
N/A
Address
3 Jalan Samulun, Singapore, SGP, 629127
Chemical Industries (Far East) Ltd is engaged as the sole manufacturer of Chemical products in Singapore. The company operates through two segments Industrial Chemicals and Properties. It generates maximum revenue from the Industrial Chemicals segment. Geographically, it derives a majority of its revenue from Singapore. Its product portfolio consists of Chlorine, Caustic Soda, Sodium HypoChlorite, and Hydrochloric Acid.

Chemical Industries (Far East) (SGX:C05) Headlines

No Headlines