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Silitech Technology (TPE:3311) Equity-to-Asset : 0.74 (As of Sep. 2024)


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What is Silitech Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silitech Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$2,682 Mil. Silitech Technology's Total Assets for the quarter that ended in Sep. 2024 was NT$3,624 Mil. Therefore, Silitech Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.74.

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

TPE:3311' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.78   Max: 0.82
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Silitech Technology was 0.82. The lowest was 0.58. And the median was 0.78.

TPE:3311's Equity-to-Asset is ranked better than
77.26% of 2471 companies
in the Hardware industry
Industry Median: 0.56 vs TPE:3311: 0.74

Silitech Technology Equity-to-Asset Historical Data

The historical data trend for Silitech Technology'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.

Silitech Technology Equity-to-Asset Chart

Silitech Technology 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 0.75 0.73 0.78 0.79 0.78

Silitech Technology 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 0.78 0.78 0.78 0.74 0.74

Competitive Comparison of Silitech Technology's Equity-to-Asset

For the Electronic Components subindustry, Silitech Technology'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.


Silitech Technology's Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Silitech Technology's Equity-to-Asset falls into.



Silitech Technology 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.

Silitech Technology'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
=2616.981/3358.189
=0.78

Silitech Technology'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
=2681.776/3624.036
=0.74

* 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.


Silitech Technology  (TPE:3311) 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%.


Silitech Technology Equity-to-Asset Related Terms

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


Silitech Technology Business Description

Traded in Other Exchanges
N/A
Address
No.73, Kuirou Shan Road, Tamsui District, New Taipei City, TWN, 25144
Silitech Technology Corp is engaged in the manufacturing and sale of modules and rubber plastic products. The company offers products including Wearable Device; Automotive Components; Communication; and Smart Home. The Group operates in three principal geographical areas - China, Malaysia and Taiwan, Majority of revenue is generated from Taiwan.

Silitech Technology Headlines

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