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Merry Electronics Co (TPE:2439) Equity-to-Asset : 0.44 (As of Sep. 2024)


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What is Merry Electronics Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Merry Electronics Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$17,348 Mil. Merry Electronics Co's Total Assets for the quarter that ended in Sep. 2024 was NT$39,845 Mil. Therefore, Merry Electronics Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.44.

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

TPE:2439' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.42   Max: 0.62
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Merry Electronics Co was 0.62. The lowest was 0.32. And the median was 0.42.

TPE:2439's Equity-to-Asset is ranked worse than
69.71% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs TPE:2439: 0.44

Merry Electronics Co Equity-to-Asset Historical Data

The historical data trend for Merry Electronics 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.

Merry Electronics Co Equity-to-Asset Chart

Merry Electronics Co 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 0.50 0.35 0.34 0.37 0.39

Merry Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.37 0.39 0.36 0.40 0.44

Competitive Comparison of Merry Electronics Co's Equity-to-Asset

For the Consumer Electronics subindustry, Merry Electronics 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.


Merry Electronics Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Merry Electronics Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Merry Electronics Co's Equity-to-Asset falls into.



Merry Electronics 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.

Merry Electronics 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
=12621.247/32611.193
=0.39

Merry Electronics Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=17348.121/39844.808
=0.44

* 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.


Merry Electronics Co  (TPE:2439) 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%.


Merry Electronics Co Equity-to-Asset Related Terms

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Merry Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, 23 Road, Taichung Industrial Park, Nantun District, Taichung, TWN, 408213
Merry Electronics Co Ltd is a Taiwan-based company that is engaged in producing and selling products including headsets, speakers, microphones, batteries, and personal sound amplifiers. The company's products are applied to a series of business areas, including mobile devices, audio visual devices, computer peripherals, consumer electronics, and healthcare. The company has service sites located around the world, including in Asia and the Americas.

Merry Electronics Co Headlines

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