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CircuTech International Holdings (CircuTech International Holdings) Equity-to-Asset : 0.95 (As of Dec. 2023)


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What is CircuTech International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CircuTech International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19.93 Mil. CircuTech International Holdings's Total Assets for the quarter that ended in Dec. 2023 was $20.92 Mil. Therefore, CircuTech International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.95.

The historical rank and industry rank for CircuTech International Holdings's Equity-to-Asset or its related term are showing as below:

TLYYF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.89   Max: 0.98
Current: 0.95

During the past 13 years, the highest Equity to Asset Ratio of CircuTech International Holdings was 0.98. The lowest was 0.65. And the median was 0.89.

TLYYF's Equity-to-Asset is ranked better than
98.63% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs TLYYF: 0.95

CircuTech International Holdings Equity-to-Asset Historical Data

The historical data trend for CircuTech International Holdings'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.

CircuTech International Holdings Equity-to-Asset Chart

CircuTech International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.75 0.65 0.86 0.95

CircuTech International Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.86 - 0.95 - 0.95

Competitive Comparison of CircuTech International Holdings's Equity-to-Asset

For the Security & Protection Services subindustry, CircuTech International Holdings'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.


CircuTech International Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CircuTech International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CircuTech International Holdings's Equity-to-Asset falls into.



CircuTech International Holdings 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.

CircuTech International Holdings'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
=19.926/20.919
=0.95

CircuTech International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=19.926/20.919
=0.95

* 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.


CircuTech International Holdings  (GREY:TLYYF) 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%.


CircuTech International Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of CircuTech International Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


CircuTech International Holdings (CircuTech International Holdings) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. It operates its business in Asia, Europe, Africa, North America, and others. Its segments of the company are Sales and distribution of IT products and Repairs and service support. Sales and distribution of IT products business segment designs, manufactures, and markets video surveillance systems and distributes third-party IT products. Geographically, it derives the majority of its revenue from Hong Kong.

CircuTech International Holdings (CircuTech International Holdings) Headlines

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