Phoenix Pioneer Technology Co (ROCO:6920) Equity-to-Asset : 0.48 (As of Dec. 2023)

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What is Phoenix Pioneer Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Phoenix Pioneer Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$1,875.5 Mil. Phoenix Pioneer Technology Co's Total Assets for the quarter that ended in Dec. 2023 was NT$3,887.7 Mil. Therefore, Phoenix Pioneer Technology Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

The historical rank and industry rank for Phoenix Pioneer Technology Co's Equity-to-Asset or its related term are showing as below:

ROCO:6920' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.3 Max: 0.55
Current: 0.48

During the past 5 years, the highest Equity to Asset Ratio of Phoenix Pioneer Technology Co was 0.55. The lowest was 0.22. And the median was 0.30.

ROCO:6920's Equity-to-Asset is ranked worse than
70.96% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs ROCO:6920: 0.48

Phoenix Pioneer Technology Co Equity-to-Asset Historical Data

The historical data trend for Phoenix Pioneer Technology Co'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.

Phoenix Pioneer Technology Co Equity-to-Asset Chart

Phoenix Pioneer Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.30

0.25

0.22

0.55

0.48

Phoenix Pioneer Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.22	0.45	0.55	0.52	0.48

Competitive Comparison of Phoenix Pioneer Technology Co's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer Technology Co'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.

Phoenix Pioneer Technology Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

* The bar in red indicates where Phoenix Pioneer Technology Co's Equity-to-Asset falls into.

Phoenix Pioneer Technology Co 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.

Phoenix Pioneer Technology Co'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
	=	1875.508	/	3887.704
	=	0.48

Phoenix Pioneer Technology Co'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
	=	1875.508	/	3887.704
	=	0.48

Phoenix Pioneer Technology Co (ROCO:6920) 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%.

Phoenix Pioneer Technology Co Equity-to-Asset Related Terms

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

Phoenix Pioneer Technology Co (ROCO:6920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Pioneer Technology Co Ltd (ROCO:6920) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 458-17, Xinxing Road, Hukou Township, Hsinchu, TWN, 30353

Website

http://www.ppt.com.tw

Phoenix Pioneer Technology Co Ltd is composite by the elite of semiconductor industry and is an innovative new enterprise which is responsible for manufacturing, marketing, researching and developing IC substrate.

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