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CIA Tecidosntanense (BSP:CTSA4) Equity-to-Asset : 0.37 (As of Sep. 2023)


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What is CIA Tecidosntanense Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CIA Tecidosntanense's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R$230.5 Mil. CIA Tecidosntanense's Total Assets for the quarter that ended in Sep. 2023 was R$632.1 Mil. Therefore, CIA Tecidosntanense's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.37.

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

BSP:CTSA4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.46   Max: 0.65
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of CIA Tecidosntanense was 0.65. The lowest was 0.37. And the median was 0.46.

BSP:CTSA4's Equity-to-Asset is ranked worse than
70.81% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs BSP:CTSA4: 0.37

CIA Tecidosntanense Equity-to-Asset Historical Data

The historical data trend for CIA Tecidosntanense'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.

CIA Tecidosntanense Equity-to-Asset Chart

CIA Tecidosntanense Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.48 0.44 0.45 0.50

CIA Tecidosntanense Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 0.45 0.45 0.50 0.46 0.37

Competitive Comparison of CIA Tecidosntanense's Equity-to-Asset

For the Textile Manufacturing subindustry, CIA Tecidosntanense'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.


CIA Tecidosntanense's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CIA Tecidosntanense's Equity-to-Asset distribution charts can be found below:

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



CIA Tecidosntanense 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.

CIA Tecidosntanense's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=311.35/625.465
=0.50

CIA Tecidosntanense's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=230.512/632.088
=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.


CIA Tecidosntanense  (BSP:CTSA4) 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%.


CIA Tecidosntanense Equity-to-Asset Related Terms

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CIA Tecidosntanense (BSP:CTSA4) Business Description

Traded in Other Exchanges
Address
Avenida Osmane Barbosa 1235, Montes Claros, MG, BRA, 39404006
CIA Tecidos Santanense operates in the Broadwoven fabric mills, cotton sector. It is involved in the spinning, weaving, & finishing of woven fabrics used in apparel articles. It offers sportswear apparel products and workwear professional uniforms and personal protective equipment.

CIA Tecidosntanense (BSP:CTSA4) Headlines

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