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Desiccant Technology (TPE:5292) Equity-to-Asset : 0.51 (As of Sep. 2024)


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What is Desiccant Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Desiccant Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$1,559 Mil. Desiccant Technology's Total Assets for the quarter that ended in Sep. 2024 was NT$3,041 Mil. Therefore, Desiccant Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.51.

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

TPE:5292' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.41   Max: 0.53
Current: 0.51

During the past 9 years, the highest Equity to Asset Ratio of Desiccant Technology was 0.53. The lowest was 0.36. And the median was 0.41.

TPE:5292's Equity-to-Asset is ranked worse than
58.6% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs TPE:5292: 0.51

Desiccant Technology Equity-to-Asset Historical Data

The historical data trend for Desiccant 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.

Desiccant Technology Equity-to-Asset Chart

Desiccant Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.39 0.45 0.41 0.41 0.53

Desiccant Technology Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 0.42 0.53 0.47 0.48 0.51

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

For the Pollution & Treatment Controls subindustry, Desiccant 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.


Desiccant Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Desiccant Technology's Equity-to-Asset distribution charts can be found below:

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



Desiccant 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.

Desiccant 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
=1454.395/2757.741
=0.53

Desiccant 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
=1558.936/3041.05
=0.51

* 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.


Desiccant Technology  (TPE:5292) 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%.


Desiccant Technology Equity-to-Asset Related Terms

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


Desiccant Technology Business Description

Traded in Other Exchanges
N/A
Address
No.88, Zhongshan Road, 17th floor, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp is a manufacturer of Volatile Organic Compounds equipment and industry dehumidifiers. It also provides engineering services with VOC equipment maintenance. Its products include VOCs exhaust abatement systems, Rotary regenerative thermal oxidizers, Catalytic thermal oxidizers, and Waste liquid/wastewater thermal oxidizer systems.

Desiccant Technology Headlines

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