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Vitasoy International Holdings (Vitasoy International Holdings) Equity-to-Asset

: 0.53 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vitasoy International Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $388.1 Mil. Vitasoy International Holdings's Total Assets for the quarter that ended in Sep. 2023 was $732.5 Mil. Therefore, Vitasoy International Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.53.

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

VTSYF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.53   Max: 0.56
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Vitasoy International Holdings was 0.56. The lowest was 0.47. And the median was 0.53.

VTSYF's Equity-to-Asset is ranked worse than
50.03% of 1911 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs VTSYF: 0.53

Vitasoy International Holdings Equity-to-Asset Historical Data

The historical data trend for Vitasoy International Holdings'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.

Vitasoy International Holdings 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 0.54 0.49 0.50 0.48 0.51

Vitasoy International Holdings 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 0.49 0.48 0.50 0.51 0.53

Competitive Comparison

For the Packaged Foods subindustry, Vitasoy International Holdings'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.


Vitasoy International Holdings Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vitasoy International Holdings's Equity-to-Asset distribution charts can be found below:

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



Vitasoy International Holdings 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.

Vitasoy International Holdings'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
=380.281/745.285
=0.51

Vitasoy International Holdings'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
=388.147/732.495
=0.53

* 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.


Vitasoy International Holdings  (OTCPK:VTSYF) 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%.


Vitasoy International Holdings Equity-to-Asset Related Terms

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Vitasoy International Holdings (Vitasoy International Holdings) Business Description

Traded in Other Exchanges
Address
Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG
Vitasoy International Holdings Ltd manufactures and sells tofu, soy and other plant-based milks, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Its two biggest markets are China and Hong Kong, which collectively account for more than three-quarters of the company's sales. Most remaining sales are generated in North America, Australia, New Zealand, and Singapore, although the company's products are sold in roughly 40 countries worldwide.

Vitasoy International Holdings (Vitasoy International Holdings) Headlines

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