Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Syncmold Enterprise's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$7,337 Mil. Syncmold Enterprise's Total Assets for the quarter that ended in Mar. 2024 was NT$12,277 Mil.
Therefore, Syncmold Enterprise's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.60.
The historical rank and industry rank for Syncmold Enterprise's Equity-to-Asset or its related term are showing as below:
TPE:1582'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.56 Max: 0.72
Current: 0.6
During the past 13 years, the highest Equity to Asset Ratio of Syncmold Enterprise was 0.72. The lowest was 0.43. And the median was 0.56.
TPE:1582's Equity-to-Asset is ranked better than 55.86% of 2485
companies
in the Hardware industry
Industry Median: 0.57
vs TPE:1582: 0.60
Syncmold Enterprise Equity-to-Asset Historical Data
The historical data trend for Syncmold Enterprise'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.
Competitive Comparison of Syncmold Enterprise's Equity-to-Asset
For the Electronic Components subindustry, Syncmold Enterprise'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.
Syncmold Enterprise's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Syncmold Enterprise's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Syncmold Enterprise's Equity-to-Asset falls into.
Syncmold Enterprise 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.
Syncmold Enterprise's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Syncmold Enterprise Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Syncmold Enterprise's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Syncmold Enterprise (TPE:1582) Business Description
Syncmold Enterprise Corp is a Taiwan-based company engaged in the processing, manufacturing, trading, technology licensing and related import and export business of various metal molds, plastic molds and electronic parts. stands for LCD monitors, LCD TVs, appliances, office machines, components of medical devices, and many other electronic products. The company's customers comprise both original design manufacturers, such as Foxconn, and branded manufacturers like Dell and Philips. The company also designs and manufactures molding products. It generates almost all its revenue from markets outside of Taiwan, with mainland China contributing to majority of its revenue.
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