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Broadway Industrial Group (SGX:B69) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is Broadway Industrial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Broadway Industrial Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$88.8 Mil. Broadway Industrial Group's Total Assets for the quarter that ended in Dec. 2023 was S$197.2 Mil. Therefore, Broadway Industrial Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

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

SGX:B69' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 0.57
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Broadway Industrial Group was 0.57. The lowest was 0.32. And the median was 0.39.

SGX:B69's Equity-to-Asset is ranked worse than
67.94% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs SGX:B69: 0.45

Broadway Industrial Group Equity-to-Asset Historical Data

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Equity-to-Asset Chart

Broadway Industrial Group 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 0.32 0.37 0.38 0.57 0.45

Broadway Industrial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.38 0.43 0.57 0.54 0.45

Competitive Comparison of Broadway Industrial Group's Equity-to-Asset

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Equity-to-Asset falls into.



Broadway Industrial Group 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.

Broadway Industrial Group'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
=88.76/197.223
=0.45

Broadway Industrial Group'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
=88.76/197.223
=0.45

* 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.


Broadway Industrial Group  (SGX:B69) 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%.


Broadway Industrial Group Equity-to-Asset Related Terms

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Broadway Industrial Group (SGX:B69) Business Description

Traded in Other Exchanges
N/A
Address
202 Kallang Bahru, 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is the manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the global hard disk drive (HDD) industry. HDD segment comprises the manufacturing and distribution of actuator arms and related assembly for the hard disk industry. The robotics segment comprises the provision of technical services, technology transfer, technology development, technology promotion, technical consultation and sales of robots, software and accessory devices for the robotics, manufacturing, and services industries. Other segment comprises the investment holding.

Broadway Industrial Group (SGX:B69) Headlines

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