Tongxin International (Tongxin International) Equity-to-Asset : 0.56 (As of Dec. 2010)

View and export this data going back to 2006. Start your Free Trial

What is Tongxin International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tongxin International's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $92.11 Mil. Tongxin International's Total Assets for the quarter that ended in Dec. 2010 was $165.08 Mil. Therefore, Tongxin International's Equity to Asset Ratio for the quarter that ended in Dec. 2010 was 0.56.

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

TXIC's Equity-to-Asset is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

Tongxin International Equity-to-Asset Historical Data

The historical data trend for Tongxin 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.

Tongxin International Equity-to-Asset Chart

Tongxin International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec14

Equity-to-Asset

Get a 7-Day Free Trial

0.17

0.51

0.56

0.22

Tongxin International Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec14
Equity-to-Asset	Get a 7-Day Free Trial			0.17	0.51	0.51	0.56	0.22

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

For the Auto Parts subindustry, Tongxin 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.

Tongxin International's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tongxin International's Equity-to-Asset distribution charts can be found below:

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

Tongxin 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.

Tongxin International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Equity to Asset (A: Dec. 2010 )	=	Total Stockholders Equity	/	Total Assets
	=	92.108	/	165.081
	=	0.56

Tongxin International's Equity to Asset Ratio for the quarter that ended in Dec. 2010 is calculated as

Equity to Asset (Q: Dec. 2010 )	=	Total Stockholders Equity	/	Total Assets
	=	92.108	/	165.081
	=	0.56

Tongxin International (OTCPK:TXIC) 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%.

Tongxin International Equity-to-Asset Related Terms

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

Tongxin International (Tongxin International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tongxin International Ltd (OTCPK:TXIC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135

Website

http://www.txicint.com

Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

Tongxin International (Tongxin International) Headlines

No Headlines