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Reko International Group (TSXV:REKO) Equity-to-Asset : 0.74 (As of Jan. 2024)


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What is Reko International Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reko International Group's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$45.65 Mil. Reko International Group's Total Assets for the quarter that ended in Jan. 2024 was C$61.56 Mil. Therefore, Reko International Group's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.74.

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

TSXV:REKO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.74   Max: 0.81
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Reko International Group was 0.81. The lowest was 0.50. And the median was 0.74.

TSXV:REKO's Equity-to-Asset is ranked better than
78.12% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSXV:REKO: 0.74

Reko International Group Equity-to-Asset Historical Data

The historical data trend for Reko International Group'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.

Reko International Group Equity-to-Asset Chart

Reko International Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.77 0.76 0.69 0.73

Reko International Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.73 0.74 0.73 0.71 0.74

Competitive Comparison of Reko International Group's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Reko International Group'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.


Reko International Group's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Reko International Group 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.

Reko International Group's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=45.907/62.788
=0.73

Reko International Group's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=45.654/61.558
=0.74

* 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.


Reko International Group  (TSXV:REKO) 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%.


Reko International Group Equity-to-Asset Related Terms

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


Reko International Group (TSXV:REKO) Business Description

Traded in Other Exchanges
Address
469 Silver Creek Industrial Drive, Lakeshore, ON, CAN, N8N 4W2
Reko International Group Inc is a Canada-based company engaged in the activities of robotic factory automation solutions, precision machining of large, critical parts, and plastic injection, and low compression acoustic tooling. The business divisions of the group are Automation, design and build, Tool and mold manufacturing, and Precision Machining. It supplies factory automation services in Canada. The company also provides machining, tooling, and engineering services. Precision machining relates to precision, custom machining of castings, and assemblies. Its geographical segments include Canada, which is the key revenue driver; and the United States.
Executives
Lauren Beaudoin Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Reko International Group (TSXV:REKO) Headlines

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