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Medtecs International (TPE:9103) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Medtecs International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Medtecs International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$4,038 Mil. Medtecs International's Total Assets for the quarter that ended in Dec. 2023 was NT$5,212 Mil. Therefore, Medtecs International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

TPE:9103' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.57   Max: 0.86
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Medtecs International was 0.86. The lowest was 0.53. And the median was 0.57.

TPE:9103's Equity-to-Asset is ranked better than
70.79% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: 0.64 vs TPE:9103: 0.78

Medtecs International Equity-to-Asset Historical Data

The historical data trend for Medtecs International'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.

Medtecs International Equity-to-Asset Chart

Medtecs International 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 0.55 0.79 0.86 0.82 0.78

Medtecs International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.86 0.77 0.82 0.80 0.78

Competitive Comparison of Medtecs International's Equity-to-Asset

For the Medical Instruments & Supplies subindustry, Medtecs International'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.


Medtecs International's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medtecs International's Equity-to-Asset distribution charts can be found below:

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



Medtecs International 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.

Medtecs International'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
=4037.819/5211.719
=0.77

Medtecs International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=4037.819/5211.719
=0.77

* 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.


Medtecs International  (TPE:9103) 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%.


Medtecs International Equity-to-Asset Related Terms

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Medtecs International (TPE:9103) Business Description

Traded in Other Exchanges
Address
No. 330 Sen. Gil J. Puyat Avenue, 22nd Floor, The World Centre, Makati, PHL, 1227
Medtecs International Corp Ltd is an investment holding company. The company along with its subsidiaries is a manufacturer of medical consumables and provides healthcare products and services. It operates in three segments The Manufacturing segment produces and sub-contracts medical consumables, including patients apparels, disposable surgical masks, boot covers and surgical gowns, adult diapers, underpads, crochet blankets, bed linens and medical bandages. The Hospital services segment provides laundry and leasing services. The Distribution segment is involved in the marketing of Medtecs-branded medical consumables to hospitals, pharmacies, and other end users. It generates the highest revenue from the Manufacturing segment.

Medtecs International (TPE:9103) Headlines

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