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Ubiqconn Technology (TPE:6928) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Ubiqconn Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ubiqconn Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$6,459 Mil. Ubiqconn Technology's Total Assets for the quarter that ended in Mar. 2024 was NT$17,764 Mil. Therefore, Ubiqconn Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

TPE:6928' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.41   Max: 0.63
Current: 0.36

During the past 5 years, the highest Equity to Asset Ratio of Ubiqconn Technology was 0.63. The lowest was 0.11. And the median was 0.41.

TPE:6928's Equity-to-Asset is ranked worse than
71.68% of 2846 companies
in the Software industry
Industry Median: 0.55 vs TPE:6928: 0.36

Ubiqconn Technology Equity-to-Asset Historical Data

The historical data trend for Ubiqconn 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.

Ubiqconn Technology Equity-to-Asset Chart

Ubiqconn Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.25 0.11 0.31 0.54 0.63

Ubiqconn Technology Quarterly Data
Dec19 Dec20 Jun21 Dec21 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 - 0.47 0.52 0.63 0.36

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

For the Information Technology Services subindustry, Ubiqconn 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.


Ubiqconn Technology's Equity-to-Asset Distribution in the Software Industry

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

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



Ubiqconn 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.

Ubiqconn 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
=1377.898/2179.108
=0.63

Ubiqconn Technology'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
=6458.589/17763.639
=0.36

* 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.


Ubiqconn Technology  (TPE:6928) 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%.


Ubiqconn Technology Equity-to-Asset Related Terms

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Ubiqconn Technology (TPE:6928) Business Description

Traded in Other Exchanges
N/A
Address
No.300, Yangguang Street, 4th Floor Neihu District, Taipei City, TWN, 11491
Ubiqconn Technology Inc provides rugged mobile solutions with a focus on key industries, such as SATCOM, Agriculture, Logistics, Maritime, Transportation, and Government. It provides value-added ODM/OEM services in different vertical markets, as well as rugged solutions for its own brand RuggON.

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