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China TMK Battery Systems (China TMK Battery Systems) Equity-to-Asset : 0.56 (As of Sep. 2011)


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What is China TMK Battery Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China TMK Battery Systems's Total Stockholders Equity for the quarter that ended in Sep. 2011 was $58.47 Mil. China TMK Battery Systems's Total Assets for the quarter that ended in Sep. 2011 was $105.02 Mil. Therefore, China TMK Battery Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2011 was 0.56.

The historical rank and industry rank for China TMK Battery Systems's Equity-to-Asset or its related term are showing as below:

DFEL's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

China TMK Battery Systems Equity-to-Asset Historical Data

The historical data trend for China TMK Battery Systems'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.

China TMK Battery Systems Equity-to-Asset Chart

China TMK Battery Systems Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Dec10
Equity-to-Asset
1.00 0.79 0.64 -44.00 0.50

China TMK Battery Systems Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.51 0.50 0.54 0.55 0.56

Competitive Comparison of China TMK Battery Systems's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, China TMK Battery Systems'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.


China TMK Battery Systems's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China TMK Battery Systems's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China TMK Battery Systems's Equity-to-Asset falls into.



China TMK Battery Systems 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.

China TMK Battery Systems's Equity to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Equity to Asset (A: Dec. 2010 )=Total Stockholders Equity/Total Assets
=31.159/61.851
=0.50

China TMK Battery Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

Equity to Asset (Q: Sep. 2011 )=Total Stockholders Equity/Total Assets
=58.467/105.023
=0.56

* 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.


China TMK Battery Systems  (OTCPK:DFEL) 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%.


China TMK Battery Systems Equity-to-Asset Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Traded in Other Exchanges
N/A
Address
Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390
China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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