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Texwinca Holdings (Texwinca Holdings) Equity-to-Asset : 0.70 (As of Sep. 2023)


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What is Texwinca Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Texwinca Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $615.5 Mil. Texwinca Holdings's Total Assets for the quarter that ended in Sep. 2023 was $884.2 Mil. Therefore, Texwinca Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.70.

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

TXWHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.61   Max: 0.72
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Texwinca Holdings was 0.72. The lowest was 0.51. And the median was 0.61.

TXWHF's Equity-to-Asset is ranked better than
74.79% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs TXWHF: 0.70

Texwinca Holdings Equity-to-Asset Historical Data

The historical data trend for Texwinca 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.

Texwinca Holdings Equity-to-Asset Chart

Texwinca 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 0.63 0.59 0.62 0.61 0.72

Texwinca 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 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 0.61 0.71 0.72 0.70

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

For the Textile Manufacturing subindustry, Texwinca 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.


Texwinca Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Texwinca Holdings's Equity-to-Asset distribution charts can be found below:

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



Texwinca 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.

Texwinca 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
=640.337/885.067
=0.72

Texwinca 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
=615.501/884.177
=0.70

* 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.


Texwinca Holdings  (OTCPK:TXWHF) 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%.


Texwinca Holdings Equity-to-Asset Related Terms

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Texwinca Holdings (Texwinca Holdings) Business Description

Traded in Other Exchanges
Address
223 Hing Fong Road, 16th Floor, Metroplaza, Tower II, Kwai Chung, New Territories, Hong Kong, HKG
Texwinca Holdings Ltd is a Hong Kong-based company. The company is principally engaged in the textile business, which refers to production, dyeing, and sale of knitted fabric and yarn garments, and the retail & distribution of casual apparel and accessories business, which means retailing and distribution of casual apparel and accessories. The textile business and the retail and distribution business jointly account for majority of the company's total revenue. The company is also involved in providing repair and maintenance services for motor vehicles, offering franchise services, and others. The company generates its revenue from Mainland China, the United States, Japan, Hong Kong, and other areas, with Mainland China being the largest revenue contributor.

Texwinca Holdings (Texwinca Holdings) Headlines

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