Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Equity-to-Asset : 0.49 (As of Jun. 2023)

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What is Toyo Knitex (CEPZ) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toyo Knitex (CEPZ)'s Total Stockholders Equity for the quarter that ended in Jun. 2023 was BDT180.12 Mil. Toyo Knitex (CEPZ)'s Total Assets for the quarter that ended in Jun. 2023 was BDT367.45 Mil.

The historical rank and industry rank for Toyo Knitex (CEPZ)'s Equity-to-Asset or its related term are showing as below:

DHA:MITHUNKNIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.49 Max: 0.78
Current: 0.49

During the past 7 years, the highest Equity to Asset Ratio of Toyo Knitex (CEPZ) was 0.78. The lowest was 0.36. And the median was 0.49.

DHA:MITHUNKNIT's Equity-to-Asset is ranked worse than
54.24% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs DHA:MITHUNKNIT: 0.49

Toyo Knitex (CEPZ) Equity-to-Asset Historical Data

The historical data trend for Toyo Knitex (CEPZ)'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.

Toyo Knitex (CEPZ) Equity-to-Asset Chart

Toyo Knitex (CEPZ) Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.72

0.36

0.49

Toyo Knitex (CEPZ) Semi-Annual Data
	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			0.72	0.36	0.36	0.49	0.49

Competitive Comparison of Toyo Knitex (CEPZ)'s Equity-to-Asset

For the Textile Manufacturing subindustry, Toyo Knitex (CEPZ)'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.

Toyo Knitex (CEPZ)'s Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toyo Knitex (CEPZ)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Toyo Knitex (CEPZ)'s Equity-to-Asset falls into.

Toyo Knitex (CEPZ) 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.

Toyo Knitex (CEPZ)'s Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	180.117	/	367.449
	=

Toyo Knitex (CEPZ)'s Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	180.117	/	367.449
	=

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) 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%.

Toyo Knitex (CEPZ) Equity-to-Asset Related Terms

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

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Toyo Knitex (CEPZ) Ltd (DHA:MITHUNKNIT) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

House No. 50, Road 7, Gulshan Avenue, South Avenue Tower, 6thFloor, Dhaka, BGD, 1212

Website

http://www.mkdl-cepz.com.bd

Toyo Knitex (CEPZ) Ltd formerly known as Mithun Knitting and Dying (CEPZ) Limited. The principal activity of the company is to carry on Knitting Dying & knit garments manufacturing. The company is hundred percent export oriented garments factory. It is a manufactures and exportes single jersey, interlock, rib, french terry, collar and cuff, rib with lycra, and knit garments of all sorts in Bangladesh.

Toyo Knitex (CEPZ) (DHA:MITHUNKNIT) Headlines

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