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Vivic (VIVC) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Vivic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vivic's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.55 Mil. Vivic's Total Assets for the quarter that ended in Dec. 2023 was $4.12 Mil. Therefore, Vivic's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

VIVC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.33   Med: 0.35   Max: 0.6
Current: 0.38

During the past 7 years, the highest Equity to Asset Ratio of Vivic was 0.60. The lowest was -0.33. And the median was 0.35.

VIVC's Equity-to-Asset is ranked worse than
63.8% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs VIVC: 0.38

Vivic Equity-to-Asset Historical Data

The historical data trend for Vivic'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.

Vivic Equity-to-Asset Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.35 0.07 -0.01 -0.33 0.38

Vivic Quarterly Data
Oct18 Jan19 Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.33 -0.43 -0.04 0.38 0.38

Competitive Comparison of Vivic's Equity-to-Asset

For the Recreational Vehicles subindustry, Vivic'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.


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

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

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



Vivic 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.

Vivic's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.552/4.116
=0.38

Vivic's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.552/4.116
=0.38

* 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.


Vivic  (OTCPK:VIVC) 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%.


Vivic Equity-to-Asset Related Terms

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


Vivic (VIVC) Business Description

Traded in Other Exchanges
N/A
Address
187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. The company also working on the operation of a new type of marine tourism.
Executives
Cheng-hsing Hsu director, officer: CFO NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Cheng-lung Soong director, officer: Secretary 10F, NO. 59, LN. 112, JIHU RD.,, ZHONGSHAN DIST., TAIPEI F5 104
Huilan Chen director 1091 RISING MOON TRAIL, SNELLVILLE GA 30078
Go Right Holdings Ltd. 10 percent owner NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Kung Hwang Liu Shiang director NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Honetech Inc. 10 percent owner NO. 196, FUSHOU ST., XINZHUANG DIST., NEW TAIPEI F5 242
Yun-kuang Kung officer: CEO NO. 12-1, XIAOXIMEN, NEIGHBORHOOD 14M, ZHUSHA VILLAGE, JINCHENG TOWNSHIP, KINMEN F5 893
Kuen-horng Tsai director, officer: Supervisor 3F, NO. 66, LN. 133, DONGFENG RD.,, NORTH DIST., TAINAN F5 704
Wen-chi Huang director, officer: President 2F., NO. 217, SEC. 2, TAIHU RD.,, JINHU TOWNSHIP, KINMEN F5 891