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Peric Special Gases Co (SHSE:688146) Equity-to-Asset : 0.91 (As of Mar. 2024)


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What is Peric Special Gases Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Peric Special Gases Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,405 Mil. Peric Special Gases Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,941 Mil. Therefore, Peric Special Gases Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.91.

The historical rank and industry rank for Peric Special Gases Co's Equity-to-Asset or its related term are showing as below:

SHSE:688146' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.81   Max: 0.91
Current: 0.91

During the past 5 years, the highest Equity to Asset Ratio of Peric Special Gases Co was 0.91. The lowest was 0.45. And the median was 0.81.

SHSE:688146's Equity-to-Asset is ranked better than
95.22% of 1569 companies
in the Chemicals industry
Industry Median: 0.59 vs SHSE:688146: 0.91

Peric Special Gases Co Equity-to-Asset Historical Data

The historical data trend for Peric Special Gases 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.

Peric Special Gases Co Equity-to-Asset Chart

Peric Special Gases Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.45 0.62 0.79 0.81 0.91

Peric Special Gases Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.89 0.91 0.91 0.91

Competitive Comparison of Peric Special Gases Co's Equity-to-Asset

For the Specialty Chemicals subindustry, Peric Special Gases 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.


Peric Special Gases Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Peric Special Gases Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Peric Special Gases Co's Equity-to-Asset falls into.



Peric Special Gases 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.

Peric Special Gases 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
=5312.519/5838.923
=0.91

Peric Special Gases Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=5404.642/5941.499
=0.91

* 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.


Peric Special Gases Co  (SHSE:688146) 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%.


Peric Special Gases Co Equity-to-Asset Related Terms

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Peric Special Gases Co (SHSE:688146) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Weiwu Road, Chemical Industry Cluster Area, Feixiang District, Hebei Province, Handan, CHN, 057550
Peric Special Gases Co Ltd is engaged in the research and development, production and sales of electronic specialty gases and trifluoromethanesulfonic acid series products.

Peric Special Gases Co (SHSE:688146) Headlines

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