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Sunyard Technology Co (SHSE:600571) Equity-to-Asset : 0.67 (As of Dec. 2023)


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What is Sunyard Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sunyard Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ¥1,204 Mil. Sunyard Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ¥1,808 Mil. Therefore, Sunyard Technology Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

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

SHSE:600571' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.64   Max: 0.69
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Sunyard Technology Co was 0.69. The lowest was 0.57. And the median was 0.64.

SHSE:600571's Equity-to-Asset is ranked better than
67.3% of 2841 companies
in the Software industry
Industry Median: 0.55 vs SHSE:600571: 0.67

Sunyard Technology Co Equity-to-Asset Historical Data

The historical data trend for Sunyard Technology Co'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.

Sunyard Technology Co Equity-to-Asset Chart

Sunyard Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.60 0.63 0.58 0.67

Sunyard Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 0.58 0.62 0.64 0.67 0.67

Competitive Comparison of Sunyard Technology Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Sunyard Technology Co'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.


Sunyard Technology Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Sunyard Technology Co's Equity-to-Asset distribution charts can be found below:

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



Sunyard Technology Co 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.

Sunyard Technology Co'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
=1203.769/1807.568
=0.67

Sunyard Technology Co'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
=1203.769/1807.568
=0.67

* 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.


Sunyard Technology Co  (SHSE:600571) 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%.


Sunyard Technology Co Equity-to-Asset Related Terms

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


Sunyard Technology Co (SHSE:600571) Business Description

Traded in Other Exchanges
N/A
Address
No. 3888 Jiangnan Avenue, Sunyard Technology Building, Binjiang District, Zhejiang Provincc, Hangzhou, Zhejiang, CHN, 310053
Sunyard Technology Co Ltd provides end-to-end professional solutions and products for financial institutions mainly in the banking industry. It specializes in financial payment terminals and financial card machines. It is engaged in the research and development, production and sales of financial information security products and payment and information security solutions.

Sunyard Technology Co (SHSE:600571) Headlines

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