GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Deswell Industries Inc (NAS:DSWL) » Definitions » Equity-to-Asset

Deswell Industries (Deswell Industries) Equity-to-Asset

: 0.82 (As of Sep. 2023)
View and export this data going back to 1995. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Deswell Industries's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $91.61 Mil. Deswell Industries's Total Assets for the quarter that ended in Sep. 2023 was $111.62 Mil. Therefore, Deswell Industries's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.82.

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

DSWL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76   Med: 0.82   Max: 0.89
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Deswell Industries was 0.89. The lowest was 0.76. And the median was 0.82.

DSWL's Equity-to-Asset is ranked better than
87.16% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs DSWL: 0.82

Deswell Industries Equity-to-Asset Historical Data

The historical data trend for Deswell Industries'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.

Deswell Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.84 0.79 0.79 0.81

Deswell Industries Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.76 0.79 0.78 0.81 0.82

Competitive Comparison

For the Electronic Components subindustry, Deswell Industries'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.


Deswell Industries Equity-to-Asset Distribution

For the Hardware industry and Technology sector, Deswell Industries's Equity-to-Asset distribution charts can be found below:

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



Deswell Industries 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.

Deswell Industries's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=89.649/110.379
=0.81

Deswell Industries'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
=91.612/111.616
=0.82

* 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.


Deswell Industries  (NAS:DSWL) 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%.


Deswell Industries Equity-to-Asset Related Terms

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


Deswell Industries (Deswell Industries) Business Description

Traded in Other Exchanges
Address
10B, Edificio Associacao Industrial De Macau, No. 32-36 Rua do Comandante Mata e Oliveira, Macao, MAC
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.

Deswell Industries (Deswell Industries) Headlines

From GuruFocus

Deswell Announces the Passing of Richard P.H. Lau, Chairman

By Business Wire Business Wire 06-16-2023

Hopefully, It Deswell!

By Barel Karsan Barel Karsan 10-29-2012

Was the baby thrown out with the bathwater? Deswell

By whopper investments whopper investments 03-05-2012

A Trio of Net Net Working Capital Stocks to Consider

By Alberto Abaterusso Alberto Abaterusso 09-25-2020

Deswell Announces Filing and Availability of Annual Report on Form 20-F

By Business Wire Business Wire 07-17-2020

Aviat Networks: An Interesting Opportunity

By Whopper Investments Whopper Investments 06-09-2014

5 Best Yielding Rubber And Plastics Stocks

By Dividend Dividend 11-05-2011

Deswell Industries (DSWL) - Not a Great Business But Cheap

By AlphaVulture AlphaVulture 03-15-2012