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Halo Microelectronics Co (SHSE:688173) Equity-to-Asset : 0.90 (As of Mar. 2024)


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What is Halo Microelectronics Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Halo Microelectronics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥1,739.1 Mil. Halo Microelectronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,926.5 Mil. Therefore, Halo Microelectronics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.90.

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

SHSE:688173' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.9   Max: 0.94
Current: 0.9

During the past 6 years, the highest Equity to Asset Ratio of Halo Microelectronics Co was 0.94. The lowest was 0.54. And the median was 0.90.

SHSE:688173's Equity-to-Asset is ranked better than
95.82% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs SHSE:688173: 0.90

Halo Microelectronics Co Equity-to-Asset Historical Data

The historical data trend for Halo Microelectronics 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.

Halo Microelectronics Co Equity-to-Asset Chart

Halo Microelectronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.69 0.80 0.75 0.92 0.91

Halo Microelectronics Co Quarterly Data
Dec18 Dec19 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 0.94 0.89 0.92 0.91 0.90

Competitive Comparison of Halo Microelectronics Co's Equity-to-Asset

For the Electronic Components subindustry, Halo Microelectronics 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.


Halo Microelectronics Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Halo Microelectronics Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Halo Microelectronics Co's Equity-to-Asset falls into.



Halo Microelectronics 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.

Halo Microelectronics 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
=1834.939/2016.374
=0.91

Halo Microelectronics Co'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
=1739.103/1926.547
=0.90

* 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.


Halo Microelectronics Co  (SHSE:688173) 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%.


Halo Microelectronics Co Equity-to-Asset Related Terms

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Halo Microelectronics Co (SHSE:688173) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Guilan North Road, Guicheng Street, Unit 305-308, Self-numbered Building Eight (A8), Core Area of ??Qiandeng Lake Venture Capital Town, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Halo Microelectronics Co Ltd is engaged in designing and commercialization of analog and mixed-signal integrated circuit (IC) products. Its products are used mainly in two main applications: consumer electronics and automobile electronics.

Halo Microelectronics Co (SHSE:688173) Headlines

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