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Aerospace Industrial Development (TPE:2634) Equity-to-Asset : 0.40 (As of Mar. 2024)


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What is Aerospace Industrial Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aerospace Industrial Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$17,963 Mil. Aerospace Industrial Development's Total Assets for the quarter that ended in Mar. 2024 was NT$44,448 Mil. Therefore, Aerospace Industrial Development's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.40.

The historical rank and industry rank for Aerospace Industrial Development's Equity-to-Asset or its related term are showing as below:

TPE:2634' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.36   Max: 0.41
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Aerospace Industrial Development was 0.41. The lowest was 0.29. And the median was 0.36.

TPE:2634's Equity-to-Asset is ranked worse than
55.41% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs TPE:2634: 0.40

Aerospace Industrial Development Equity-to-Asset Historical Data

The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Equity-to-Asset Chart

Aerospace Industrial Development 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 0.32 0.32 0.35 0.37 0.39

Aerospace Industrial Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.34 0.33 0.39 0.40

Competitive Comparison of Aerospace Industrial Development's Equity-to-Asset

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.


Aerospace Industrial Development's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aerospace Industrial Development's Equity-to-Asset falls into.



Aerospace Industrial Development 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.

Aerospace Industrial Development'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
=17099.34/43862.581
=0.39

Aerospace Industrial Development'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
=17963.432/44448.063
=0.40

* 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.


Aerospace Industrial Development  (TPE:2634) 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%.


Aerospace Industrial Development Equity-to-Asset Related Terms

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Aerospace Industrial Development (TPE:2634) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803
Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's products and services include Commercial Aircraft, Military Aircraft, Engines, Aircraft Maintenance & Avionics, and Flight & Technology Services. Its geographical segments are Asia, America, and Europe.

Aerospace Industrial Development (TPE:2634) Headlines

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