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Chiho Environmental Group (STU:T4N) Equity-to-Asset : 0.54 (As of Jun. 2024)


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What is Chiho Environmental Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chiho Environmental Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €577 Mil. Chiho Environmental Group's Total Assets for the quarter that ended in Jun. 2024 was €1,061 Mil. Therefore, Chiho Environmental Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.54.

The historical rank and industry rank for Chiho Environmental Group's Equity-to-Asset or its related term are showing as below:

STU:T4N' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.48   Max: 0.74
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Chiho Environmental Group was 0.74. The lowest was 0.20. And the median was 0.48.

STU:T4N's Equity-to-Asset is ranked worse than
54.34% of 3033 companies
in the Industrial Products industry
Industry Median: 0.57 vs STU:T4N: 0.54

Chiho Environmental Group Equity-to-Asset Historical Data

The historical data trend for Chiho Environmental Group'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.

Chiho Environmental Group Equity-to-Asset Chart

Chiho Environmental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.45 0.49 0.56 0.57

Chiho Environmental Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.48 0.56 0.56 0.57 0.54

Competitive Comparison of Chiho Environmental Group's Equity-to-Asset

For the Metal Fabrication subindustry, Chiho Environmental Group'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.


Chiho Environmental Group's Equity-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chiho Environmental Group's Equity-to-Asset falls into.


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Chiho Environmental Group 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.

Chiho Environmental Group'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
=579.04/1023.92
=0.57

Chiho Environmental Group'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
=576.884/1060.892
=0.54

* 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.


Chiho Environmental Group  (STU:T4N) 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%.


Chiho Environmental Group Equity-to-Asset Related Terms

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Chiho Environmental Group Business Description

Traded in Other Exchanges
Address
199 Des Voeux Road Central, Suite 1001, 10th Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Chiho Environmental Group Ltd is engaged in the principal business of resources recycling, involving recycling of mixed metal, end-of-life vehicle (ELV), waste electrical and electronic equipment (WEEE), wasted oil and Zorba in Asia, Europe and North America. The company, Geographically operates in Asia, Europe and North America, out of which majority of revenue is derived Europe.

Chiho Environmental Group Headlines

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