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Taimide Tech (TPE:3645) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Taimide Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taimide Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,836 Mil. Taimide Tech's Total Assets for the quarter that ended in Mar. 2024 was NT$4,819 Mil. Therefore, Taimide Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

TPE:3645' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.58   Max: 0.65
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Taimide Tech was 0.65. The lowest was 0.51. And the median was 0.58.

TPE:3645's Equity-to-Asset is ranked better than
54.47% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:3645: 0.59

Taimide Tech Equity-to-Asset Historical Data

The historical data trend for Taimide Tech'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.

Taimide Tech Equity-to-Asset Chart

Taimide Tech 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 0.51 0.55 0.54 0.58 0.58

Taimide Tech 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 0.58 0.57 0.58 0.58 0.59

Competitive Comparison of Taimide Tech's Equity-to-Asset

For the Electronic Components subindustry, Taimide Tech'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.


Taimide Tech's Equity-to-Asset Distribution in the Hardware Industry

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

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



Taimide Tech 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.

Taimide Tech'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
=2805.752/4838.62
=0.58

Taimide Tech'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
=2836.099/4818.817
=0.59

* 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.


Taimide Tech  (TPE:3645) 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%.


Taimide Tech Equity-to-Asset Related Terms

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Taimide Tech (TPE:3645) Business Description

Traded in Other Exchanges
N/A
Address
No. 127, Section 3, Wende Road, Xinpu Township, Hsinchu, TWN
Taimide Tech Inc is engaged in the research and development, manufacturing and sales of polyimide film (PI film) in Taiwan. It provides high modulus polyimide films, a low coefficient of thermal expansion polyimide films, and low dielectric constant polyimide films, among others.

Taimide Tech (TPE:3645) Headlines

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