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Zen Voce (ROCO:3581) Equity-to-Asset : 0.42 (As of Mar. 2024)


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What is Zen Voce Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zen Voce's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$848 Mil. Zen Voce's Total Assets for the quarter that ended in Mar. 2024 was NT$2,004 Mil. Therefore, Zen Voce's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

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

ROCO:3581' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.46   Max: 0.8
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Zen Voce was 0.80. The lowest was 0.40. And the median was 0.46.

ROCO:3581's Equity-to-Asset is ranked worse than
76.52% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs ROCO:3581: 0.42

Zen Voce Equity-to-Asset Historical Data

The historical data trend for Zen Voce'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.

Zen Voce Equity-to-Asset Chart

Zen Voce 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 0.48 0.46 0.43 0.41 0.43

Zen Voce Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.41 0.43 0.42 0.43 0.42

Competitive Comparison of Zen Voce's Equity-to-Asset

For the Semiconductors subindustry, Zen Voce'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.


Zen Voce's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Zen Voce 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.

Zen Voce'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
=841.876/1962.952
=0.43

Zen Voce's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=848.012/2004.022
=0.42

* 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.


Zen Voce  (ROCO:3581) 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%.


Zen Voce Equity-to-Asset Related Terms

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


Zen Voce (ROCO:3581) Business Description

Traded in Other Exchanges
N/A
Address
No. 53, Jinggong Road, Sinfong Township, Hsinchu, TWN, 30441
Zen Voce Corp is a Taiwan based company engaged in the business of providing semiconductor, optoelectronics and MEMS and LCD's equipment. It offers equipment products which include IC packaging machine design and manufacture of bumping, wafer cutting machine and cleaning machine design and manufacturing, and board cutting machine and cleaning machine design and manufacturing. The test products provided by the company includes Wafer test probe card PCB design and manufacturing, IC test HIFIX and CHANG KIT design and manufacturing, SOCKET IC design and manufacturing test, Acting IC HANDLER, and Acting SOCKET IC burn-in test.

Zen Voce (ROCO:3581) Headlines

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