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Mayer Steel Pipe (TPE:2020) Equity-to-Asset : 0.55 (As of Dec. 2024)


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What is Mayer Steel Pipe Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mayer Steel Pipe's Total Stockholders Equity for the quarter that ended in Dec. 2024 was NT$4,582 Mil. Mayer Steel Pipe's Total Assets for the quarter that ended in Dec. 2024 was NT$8,287 Mil. Therefore, Mayer Steel Pipe's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.55.

The historical rank and industry rank for Mayer Steel Pipe's Equity-to-Asset or its related term are showing as below:

TPE:2020' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.51   Max: 0.55
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Mayer Steel Pipe was 0.55. The lowest was 0.43. And the median was 0.51.

TPE:2020's Equity-to-Asset is ranked better than
54.16% of 637 companies
in the Steel industry
Industry Median: 0.54 vs TPE:2020: 0.55

Mayer Steel Pipe Equity-to-Asset Historical Data

The historical data trend for Mayer Steel Pipe'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.

Mayer Steel Pipe Equity-to-Asset Chart

Mayer Steel Pipe Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.45 0.43 0.54 0.55

Mayer Steel Pipe Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.54 0.50 0.53 0.55 0.55

Competitive Comparison of Mayer Steel Pipe's Equity-to-Asset

For the Steel subindustry, Mayer Steel Pipe'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.


Mayer Steel Pipe's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mayer Steel Pipe's Equity-to-Asset falls into.


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Mayer Steel Pipe 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.

Mayer Steel Pipe's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=4581.56/8286.506
=0.55

Mayer Steel Pipe's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=4581.56/8286.506
=0.55

* 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.


Mayer Steel Pipe  (TPE:2020) 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%.


Mayer Steel Pipe Equity-to-Asset Related Terms

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


Mayer Steel Pipe Business Description

Traded in Other Exchanges
N/A
Address
No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477
Mayer Steel Pipe Corp is engaged in the steel industry. The main business of the company and its divisions are specialized in the manufacture and sale of black steel pipes, galvanized steel pipes, and stainless steel coils for pipes. The company has five reportable segments which include the Steel department, Real estate investment department, Investment department, Mineral trade department, and Hotel services department. The majority of the revenue comes from the Steel department which is engaged in the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.

Mayer Steel Pipe Headlines

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