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Taishin Financial Holdings Co (TPE:2887) Equity-to-Asset : 0.07 (As of Mar. 2024)


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What is Taishin Financial Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taishin Financial Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$221,553 Mil. Taishin Financial Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was NT$3,202,711 Mil. Therefore, Taishin Financial Holdings Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.07.

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

TPE:2887' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.1
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Taishin Financial Holdings Co was 0.10. The lowest was 0.04. And the median was 0.08.

TPE:2887's Equity-to-Asset is ranked worse than
73.31% of 1465 companies
in the Banks industry
Industry Median: 0.09 vs TPE:2887: 0.07

Taishin Financial Holdings Co Equity-to-Asset Historical Data

The historical data trend for Taishin Financial Holdings 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.

Taishin Financial Holdings Co Equity-to-Asset Chart

Taishin Financial Holdings 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 0.09 0.09 0.08 0.07 0.07

Taishin Financial Holdings Co 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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Taishin Financial Holdings Co's Equity-to-Asset

For the Banks - Regional subindustry, Taishin Financial Holdings 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.


Taishin Financial Holdings Co's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Taishin Financial Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Taishin Financial Holdings Co's Equity-to-Asset falls into.



Taishin Financial Holdings 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.

Taishin Financial Holdings 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
=216535.22/3035951.37
=0.07

Taishin Financial Holdings Co'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
=221552.655/3202710.727
=0.07

* 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.


Taishin Financial Holdings Co  (TPE:2887) 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%.


Taishin Financial Holdings Co Equity-to-Asset Related Terms

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Taishin Financial Holdings Co (TPE:2887) Business Description

Traded in Other Exchanges
Address
No. 118, Section 4, Ren-ai Road, 12, 13, 15, 16, 21, 22 and 23 Floor, Daan District, Taipei, TWN, 106
Taishin Financial Holdings Co Ltd is a Taiwanese holding company that provides comprehensive financial services. The company's main business activities are investing and managing its investments in financial institutions. The operation departments of the company are subsidiaries of the bank business, securities business, insurance business and other businesses, respectively.

Taishin Financial Holdings Co (TPE:2887) Headlines

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