GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bonny Worldwide Ltd (TPE:8467) » Definitions » Equity-to-Asset

Bonny Worldwide (TPE:8467) Equity-to-Asset : 0.63 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Bonny Worldwide Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bonny Worldwide's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,148 Mil. Bonny Worldwide's Total Assets for the quarter that ended in Mar. 2024 was NT$3,428 Mil. Therefore, Bonny Worldwide's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

TPE:8467' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.58   Max: 0.71
Current: 0.63

During the past 11 years, the highest Equity to Asset Ratio of Bonny Worldwide was 0.71. The lowest was 0.48. And the median was 0.58.

TPE:8467's Equity-to-Asset is ranked better than
68.93% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs TPE:8467: 0.63

Bonny Worldwide Equity-to-Asset Historical Data

The historical data trend for Bonny Worldwide'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.

Bonny Worldwide Equity-to-Asset Chart

Bonny Worldwide 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 0.59 0.57 0.52 0.50 0.60

Bonny Worldwide 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 0.52 0.48 0.58 0.60 0.63

Competitive Comparison of Bonny Worldwide's Equity-to-Asset

For the Leisure subindustry, Bonny Worldwide'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.


Bonny Worldwide's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bonny Worldwide's Equity-to-Asset distribution charts can be found below:

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



Bonny Worldwide 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.

Bonny Worldwide'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
=2035.439/3412.836
=0.60

Bonny Worldwide'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
=2148.49/3428.019
=0.63

* 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.


Bonny Worldwide  (TPE:8467) 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%.


Bonny Worldwide Equity-to-Asset Related Terms

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


Bonny Worldwide (TPE:8467) Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Lane. 64, Minsheng Street, Tanzi District, Taichung, TWN, 427
Bonny Worldwide Ltd is a manufacturer of carbon fiber racket Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) and related sporting goods. The main products are hockey sticks, tennis rackets, and badminton rackets. It also provides accessories, clothing, and shoes. The Company's revenue's come from North America, Mainland China , Taiwan, Other geographical region's.

Bonny Worldwide (TPE:8467) Headlines

No Headlines