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Eastech Holding (TPE:5225) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Eastech Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eastech Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,750 Mil. Eastech Holding's Total Assets for the quarter that ended in Mar. 2024 was NT$6,571 Mil. Therefore, Eastech Holding's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

TPE:5225' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.33   Max: 0.57
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Eastech Holding was 0.57. The lowest was 0.18. And the median was 0.33.

TPE:5225's Equity-to-Asset is ranked worse than
72.3% of 2491 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:5225: 0.42

Eastech Holding Equity-to-Asset Historical Data

The historical data trend for Eastech Holding'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.

Eastech Holding Equity-to-Asset Chart

Eastech Holding 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 0.35 0.19 0.26 0.39 0.47

Eastech Holding 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 0.41 0.44 0.42 0.47 0.42

Competitive Comparison of Eastech Holding's Equity-to-Asset

For the Consumer Electronics subindustry, Eastech Holding'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.


Eastech Holding's Equity-to-Asset Distribution in the Hardware Industry

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

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



Eastech Holding 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.

Eastech Holding'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
=2846.063/6007.457
=0.47

Eastech Holding'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
=2749.987/6571.138
=0.42

* 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.


Eastech Holding  (TPE:5225) 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%.


Eastech Holding Equity-to-Asset Related Terms

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


Eastech Holding (TPE:5225) Business Description

Traded in Other Exchanges
N/A
Address
8F-1, No. 188, Baoqiao Road, Xindian District, New Taipei City, TWN, 23145
Eastech Holding Ltd is engaged in the design and manufacturing of acoustics, electronics, hardware, software, and systems engineering. Its transducers catalog covers standard design transducers, headphones and earphone transducers, scan-speak designed transducers, and others. The company offered products have applications in voice control products, Bluetooth systems, Wi-Fi systems, multi-channel sound systems, soundbar systems, active and passive speakers, home speakers, and headphones, among others. Geographically, the company operates in South Korea, Japan, China, Sweden, Denmark, and others and it derives a majority of its revenue from South Korea.

Eastech Holding (TPE:5225) Headlines

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