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Ferrotec Holdings (TSE:6890) Equity-to-Asset : 0.41 (As of Dec. 2023)


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What is Ferrotec Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ferrotec Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円209,540 Mil. Ferrotec Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円508,676 Mil. Therefore, Ferrotec Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

TSE:6890' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.43   Max: 0.5
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Ferrotec Holdings was 0.50. The lowest was 0.24. And the median was 0.43.

TSE:6890's Equity-to-Asset is ranked worse than
78.54% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs TSE:6890: 0.41

Ferrotec Holdings Equity-to-Asset Historical Data

The historical data trend for Ferrotec 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.

Ferrotec Holdings Equity-to-Asset Chart

Ferrotec Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.26 0.38 0.50 0.45

Ferrotec 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 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 0.45 0.45 0.41 0.42 0.41

Competitive Comparison of Ferrotec Holdings's Equity-to-Asset

For the Semiconductors subindustry, Ferrotec 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.


Ferrotec Holdings's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Ferrotec 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.

Ferrotec 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
=183766/410648
=0.45

Ferrotec 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
=209540/508676
=0.41

* 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.


Ferrotec Holdings  (TSE:6890) 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%.


Ferrotec Holdings Equity-to-Asset Related Terms

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


Ferrotec Holdings (TSE:6890) Business Description

Traded in Other Exchanges
Address
2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027
Ferrotec Holdings Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.

Ferrotec Holdings (TSE:6890) Headlines

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