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MITAC Holdings (TPE:3706) Equity-to-Asset

: 0.69 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MITAC Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$61,325 Mil. MITAC Holdings's Total Assets for the quarter that ended in Dec. 2023 was NT$88,752 Mil. Therefore, MITAC Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

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

TPE:3706' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.71   Max: 0.79
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of MITAC Holdings was 0.79. The lowest was 0.67. And the median was 0.71.

TPE:3706's Equity-to-Asset is ranked better than
69.58% of 2482 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:3706: 0.69

MITAC Holdings Equity-to-Asset Historical Data

The historical data trend for MITAC 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.

MITAC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.75 0.69 0.71 0.69

MITAC Holdings 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 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 0.71 0.69 0.69 0.71 0.69

Competitive Comparison

For the Computer Hardware subindustry, MITAC 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.


MITAC Holdings Equity-to-Asset Distribution

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

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



MITAC 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.

MITAC Holdings'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
=61324.949/88752.325
=0.69

MITAC Holdings'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
=61324.949/88752.325
=0.69

* 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.


MITAC Holdings  (TPE:3706) 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%.


MITAC Holdings Equity-to-Asset Related Terms

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


MITAC Holdings (TPE:3706) Business Description

Traded in Other Exchanges
N/A
Address
No. 202, Wenhua 2nd Road, Guishan District, Taoyuan, TWN, 33383
MITAC Holdings Corp is a holding company whose subsidiaries offer a range of electronics manufacturing services. It is engaged in designing, manufacturing, and distributing servers and storage products across various architectures in public cloud, private cloud, and hybrid cloud environments. The smart mobile device and cloud service business group build application ecosystems that bridge cloud service and smart mobile devices. It serves industries such as finance, technology, retail, education, and manufacturing. The company brands include Mio, Magellan, Navman, and Tyan.

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